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Kathy E. Gill 🇺🇦 /
npub1rer…t6yl
2024-03-18 08:13:11
in reply to nevent1q…cc73

Kathy E. Gill 🇺🇦 on Nostr: npub1g0tuf…3tvm4 I’ve long thought of capitalism as practiced in the US ...

npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4) I’ve long thought of capitalism as practiced in the US post-greed-is-good-1980s as a Ponzi scheme. When I introduced high school students to economics concepts… they all thought double-digit profit margins were the norm. They weren’t, then. 🙁

Unlimited/unrestricted growth is, in the human body, a defining characteristic of cancer. Same with our “free market” economy.

“Growth” should not be primary yardstick of a country’s economic system.
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