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Pelosi says capitalism hasn't served US economy 'as well as it should'
Fox Business ^
| 17 September 2021
| Thomas Barrabi
Posted on 09/18/2021 1:08:07 AM PDT by blueplum
House Speaker Nancy Pelosi, D-Calif., called Friday for public officials to pursue improvements to traditional capitalism, arguing the current U.S. economic system has led to widespread inequality.
"In America, capitalism is our system, it is our economic system, but it has not served our economy as well as it should," Pelosi said during a virtual event with think tank Chatham House. "And so, what we want to do is not depart from that, but to improve it and to make sure that it serves us."
Pelosi decried a gradual shift in recent decades from the concept of "stakeholder capitalism," which allowed wages for both executives and workers to rise based on productivity, to "shareholder capitalism," ...
(Excerpt) Read more at foxbusiness.com ...
TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: capitalism; economy; marxism; pelosi; search; socialism
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To: griffin
She and her family did well though
To: blueplum
It served HER pretty well!
22
posted on
09/18/2021 3:36:02 AM PDT
by
SMARTY
(Republics decline into democracies & democracies degenerate into despotisms. Aristotle)
To: blueplum
The problem is for profit government and politicians.
To: griffin
Yeah, “stakeholder” is code for larceny in the making.
To: blueplum
Left wing politicians aren’t serving us at all.
25
posted on
09/18/2021 4:36:18 AM PDT
by
MulberryDraw
(Stop trusting in man, who has but a breath in his nostrils. Of what account is he?)
To: blueplum
26
posted on
09/18/2021 5:51:11 AM PDT
by
Pollard
(Some people like to argue just to argue.)
To: blueplum
27
posted on
09/18/2021 5:52:22 AM PDT
by
boomop1
(term limits NOW)
To: blueplum
28
posted on
09/18/2021 5:53:10 AM PDT
by
Pollard
(Some people like to argue just to argue.)
To: blueplum
Perhaps we should follow her example and adopt corruption as a business model.
29
posted on
09/18/2021 6:19:23 AM PDT
by
Silentgypsy
(In my defense, I was left unsupervised.)
To: blueplum
Piracy Capitalism has served House Speaker Nancy Pelosi (and her family) very well over the years. For her victims, not so much.
30
posted on
09/18/2021 6:23:56 AM PDT
by
Sooth2222
(“Toute nation a le gouvernement qu’elle mérite.” ("Every nation has the government it deserves.”) )
To: blueplum
The right gets a lot of blame for the bade rep of “Capitalism”. They get the blame for fusing capitalism and globalism together, off shored production, starting 30 years ago...
31
posted on
09/18/2021 6:27:05 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: DannyTN
Tax them to sell into our market, the way the founders intended.Hear hear!!!
32
posted on
09/18/2021 6:28:27 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: sit-rep
gotta be a bit careful with that one... the last time they tried tariffs, we got the quality of the Reliant K Car... Just sayin... Shut up....
33
posted on
09/18/2021 6:29:05 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: DannyTN
We hamstring our workers with income taxes and at the same time let 3rd world products in duty free. This is revolutionary stuff that.
34
posted on
09/18/2021 6:32:11 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: DannyTN
35
posted on
09/18/2021 6:34:29 AM PDT
by
bert
( (KE. NP. N.C. +12) Like BLM, Joe Biden is a Domestic Enemy )
To: blueplum
She’s right, but then she’s a part of the problem.
Economic fascists like Pelosi, who have rigged the political and legal system to ensure that those with the “right” political connections can compete. In other words, the government decides the winners and losers in business.
You know something is wrong when many companies spend more in lobbyists and political contributions than they do with improving their products or research!
Mark
36
posted on
09/18/2021 6:41:57 AM PDT
by
MarkL
(Do I really look like a guy with a plan?)
To: central_va
Lol... It’s true though... The majors took a little advantage of the sheeple in that era...
37
posted on
09/18/2021 6:49:07 AM PDT
by
sit-rep
( )
To: sit-rep
Tariffs allowed a moribund auto industry to survive. This is good. Instead of throwing them under the bus we saved them for the long haul. Pure capitalism doesn't allow for the type of LONG TERM strategic nationalistic thinking at all.
In your defense as a "thank you" they moved to a lot of prod Mexico duty free. F them all.
38
posted on
09/18/2021 6:56:13 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: blueplum
Capitalism cannot function properly with so many socialists impeding the process. Tax and spend liberals will target small business the hardest as small business has no one to speak for them.
So, they move. Or close.
39
posted on
09/18/2021 7:18:58 AM PDT
by
LouAvul
(The common denominator among all liberals is their sociopathic personality quirks. )
To: blueplum
2 questions for Pelosi
Show me your bank account
Show me your basement freezer
40
posted on
09/18/2021 8:26:24 AM PDT
by
Vaduz
(women and children to be impacIQ of chimpsted the most.)
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