Posted on 01/24/2019 10:29:28 AM PST by rktman
U2 frontman Bono at least partly defended capitalism at the 2019 World Economic Forum meeting in Davos, Switzerland.
His remarks came just days after outspoken Rep. Alexandria Ocasio-Cortez, D-N.Y. attacked the “system” and ranted against the coexistence of billionaires and poverty.
In contrast to her Democratic-socialist views that such coexistence isn’t a moral result, the liberal Bono credited capitalism with bringing many people out of poverty — but still claimed capitalism “requires our instruction” and called it a “wild beast.”
“We have to just ask ourselves deeper questions about where we are with the project called capitalism. Capitalism is not immoral — it’s amoral. It requires our instruction,” said Bono. “Capitalism has taken more people out of poverty than any other ‘ism’. But it is a wild beast that, if not tamed, can chew up a lot of people along the way.”
He added that, “In fact, those people’s lives it has chewed up are pushing the politics in our homes towards populism.”
Bono, who is known for his activism and his music, was part of a World Economic Forum panel about funding efforts to eradicate global poverty, according to The Irish Times. He is co-founder of the anti-poverty advocacy group One campaign.
Although very liberal, Bono’s work in Africa led to a close, friendly relationship with former President George W. Bush. In 2011, Bono credited Bush with saving five million lives in Africa over eight years helping supply treatment to AIDS patients. In 2018, Bono also told Rolling Stone “I’ve grown very fond” of Bush.
(Excerpt) Read more at newsbusters.org ...
Frankly, he’s not wrong.
Capitalism is the worst most unfair socio-economic system except for all the others.
Corporations do not love, care, or give a damn
People do
And if you really want to see amorality in action
Look at banks
Modern slaves are not in chains, they are in debt.
Anonymous
[[“requires our instruction” and called it a “wild beast.”]]
Says the billionaire who likely would squawk wildly if his government stole all his money from him in the name of ‘taming the beast’
Yeah, we should get our lessons on econ from a dumb*ss rock singer.
Or bimbo Democrat representatives.
Yes, he is wrong. Amoral does not mean moral. “Capitalism” (the free market) supports morality and freedom.
One must always consider Human Nature when considering action.
Always reminded of Milton Freeman on Phil Donahue. ..
“. Just tell me where in the world you find these angels who are going to organize society for us? ...
who watches the Watchers?
Ancient slaves were in debt as well; they weren’t all captives taken in war.
“Frankly, he’s not wrong.”
Yep. Capitalism is an economic system. It’s not a religion, it’s not a political system.
What a twatwaffle. Not as bad as Lennon, but, he’s not done yet either.
When are all of these rich rockers going to give away all their money?
He added that, “In fact, those people’s lives it has chewed up are pushing the politics in our homes towards populism.”
But isn't that populism the rejection of the instruction and control by our "moral superiors"?
No capitalism, no “music” career for Paul Hewson formerly of Finglas, Dublin, Ireland.
I intensely dislike that jackass
As to his remark about how capitalism can chew people up along the way … Bono needs a crash course in history. Capitalism isn't perfect because people aren't perfect, but as compared to the brutalities committed by command and control systems, capitalist societies do much better on respect for human rights as well.
http://www.celebsonyachts.com/inside-look-bonos-secret-yacht-is-called-kingdom-come/
Bono has a 198ft yacht called the ‘Kingdom Come’ because he couldn’t stand his guitarist ‘Edge’ having a 160ft called ‘Cyan’ that was bigger than his.
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