Taking the Corruption out of Capitalism 02 07 2020
The current form of Capitalism is detrimental to our Democracy. It is faulted in many ways.
1. The exchanges being privately owned.
2. The market makers and specialists trading against you and establishing a nonworking class of people from it.
So in Capitalism the people with the great ideas need access to capital. They also need access to good people to serve as help, but that is a separate issue.
What is needed is this.
Capitalism whereby your initial principle is guarantied by the United States Government!
What is the legal justification? The U.S. Government granted such and such individuals a corporate charter hence the U.S. Government should guarantee investment principle to such individuals.
Why issue a Corporate Charter to someone who is irresponsible and going to bankrupt a company and create waste? But it happens.
So if you make it regulated by the U.S. Government whereby you can't lose your money to what could be termed a "Swindler" it increases the responsibility for the use of capital.
Also needs to happen with the banking system to make it whole.
Copyright 2020 Thomas Murphy
The current form of Capitalism is detrimental to our Democracy. It is faulted in many ways.
1. The exchanges being privately owned.
2. The market makers and specialists trading against you and establishing a nonworking class of people from it.
So in Capitalism the people with the great ideas need access to capital. They also need access to good people to serve as help, but that is a separate issue.
What is needed is this.
Capitalism whereby your initial principle is guarantied by the United States Government!
What is the legal justification? The U.S. Government granted such and such individuals a corporate charter hence the U.S. Government should guarantee investment principle to such individuals.
Why issue a Corporate Charter to someone who is irresponsible and going to bankrupt a company and create waste? But it happens.
So if you make it regulated by the U.S. Government whereby you can't lose your money to what could be termed a "Swindler" it increases the responsibility for the use of capital.
Also needs to happen with the banking system to make it whole.
Copyright 2020 Thomas Murphy
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