>Stephen A. Smith DROPS the “Socialist” Question on Abdul El-Sayed — The Candidate Turns the Tables on Billionaires and Corporate Greed>Stephen A. Smith: Forgive the obvious question, but are you a socialist?>Dr. Abdul El-Sayed: I’m not. I’m a capitalist who understands capitalism.>Adam Smith, who coined the term capitalism, said there is no market without morals. He also said the biggest danger to capitalism wasn’t government regulation, but monopoly.>Think about it. Your phone is probably made by one of two manufacturers. You have one of three major carriers. >If you fly to another state, you’re probably using one of three airlines and one of two aircraft manufacturers.>We have monopolies and oligopolies throughout our economy, and that’s anti-capitalist.>Capitalism is supposed to use supply and demand to allocate scarce resources. It was never meant to allow massive corporations to dominate entire markets.>Even worse, these corporations use their money to influence the politicians responsible for regulating them.>I believe in free markets. That’s exactly why we need to regulate corporations and stop them from buying politicians.Abdul is smart. Republicans are going to hate being bombarded with common sense and morality...
>socialists using mixed markets to describe capitalismMany such cases.
>>545918199>Adam Smith, who coined the term capitalismThis is a lie. The lie used to get people thinking "if Adam Smith said it, maybe this guy isn't actually a socialist!"
>>545918375>>545918943Monopolies and Oligopolies were deemed anti Capitalist 100 years ago during the gilded age.
>>545918199The US is full commie when the banks need taxpayer cash for a bailout or when Israel needs bigger guns. Or soon, AI companies... Hehehe. Capitalize the profits and socialize the losses BABY.
>>545918199Two niggers discuss how they plan on bringing down the White Race>I'll just post this on /pol like a fucking retard
>>545918375Americans believe they live under capitalism, thats the definition they understand.They call you a liar when you tell them real capitalism is the law of the jungle.
>>545919175At the end of the day, the government is the origin of the money unit. It tells you who runs what when you look at who is allowed to create that money unit and who the created money unit gets spent on. Simple as.
>>545918199>If you fly you’ll use a plane made from one of three manufacturers >understands capitalism He is a socialist, union, retard. He does not understand capitalism. How many plane companies should exist? Abdul has no more answers than Mamdani; their platitudes are just as deep as Sanders’ were.
>>545919343So dumb.
>>545918199thats crony capitalism, its why established company push for more regulations. You see it in aircraft manufacture, car industry and historically phone lines. You can Tesla was fought for so many years and now push back against Chinese cars too. What about someone wanting to make a much cheaper simpler calculator than TI, nope because of red tape.>>545919087Except when it benefits the government like BBC, train industry, taxi cabs.
>>545918199Capitalism is capitalists using capital to extract surplus labor value from the proletariat. That's it. Everything else is flowery idealism but systemic realities don't necessarily care about what you want.
>>545919175Yep.
>>545919087This begs the question, why are these people not championing Roosevelt?
>>545918199Islamunism is just the best form of government. Prove me wrong.
>>545920510Not eating pork makes you a kike.
