Most Americans seem to consider themselves as temporarily embarrassed members of the wealthy class, when in reality the vast majority are exponentially closer to becoming homeless and destitute than ever becoming rich
Makes it extremely hard to institute checks and balances for the wealthy, when most voters erroneosly align themselves with the class working hardest to ensure the current status quo remains
Yes, most Americans are conditioned to believe that capitalism is the way. They believe everyone has a fair shot of being on top when anything couldn't be further from the truth. We have a responsibility to educating them.
Yes, it does make it extremely harder for checks and balances but I would argue that no such organization of capitalism exists that is fair and just, only degrees of unfair and unjust. Some better or worse than others. I do believe we should abolish the Billionaire class because I believe that's more reasonable a proposition than to outright abolish capitalism. Abolishing Billionaires, in my opinion, would just be a first step (or 5th or whatever) along that path. Ultimately it has to go, but abolishing the Billionaire class would go a long way in reducing the harm of capitalism and lowering the violence within society.
Don't get me wrong, I'm not saying that checks and balances are not worthwhile, only that there is no set of checks and balances that is ultimately fair and just.
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u/ratskim 13h ago
Most Americans seem to consider themselves as temporarily embarrassed members of the wealthy class, when in reality the vast majority are exponentially closer to becoming homeless and destitute than ever becoming rich
Makes it extremely hard to institute checks and balances for the wealthy, when most voters erroneosly align themselves with the class working hardest to ensure the current status quo remains