An important, but short, point to make.
Given how Europe's economy is failing and our economy is failing, it is important to highlight not just how far these economies have deviated from capitalism, but have essentially embraced full blow socialism. Not just so when these economies DO inevitably collapse we can point out,
"Hey, look, see here? Nationalized healthcare, 40% corporate taxes, progressive tax system, bailing out failing companies? Yeah, that's not capitalism."
it's so when the idiotic children (and by "children" I mean people of all ages who are too lazy to study budgets and look up the occasional statistic on the internet because they're infected with ego investment) in a fully anticipated move blame it on "capitalism maaaaaan!"
So two little tidbits:
1. No economy where government spending accounts for 40% of GDP can be considered "captialist."
2. When 70% of said spending is spent on social programs (social pensions, health care, education, salaries for worthless non-profits who never solve anything), again, that economy cannot be considered "capitalist."
I now await for a socialist to explain how the US is capitalist.
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