That seems so idealistic. Most people do not earn enough to own the means of production, but merely earn enough to support themselves, while still being subject to the vicissitudes of life in a modern capitalist economy, such as recessions and off-shoring. In the case of “modern” liberal democratic countries. the bottom 90 percent own (both through direct and indirect, as “direct” means “not owned through a retirement account”) only 20% of equities, while the “direct” figure is 3.3%. (See
this, page 11.) Thus, the common worker does not own much of the corporate equities. (However, to put this into perspective, I need to know what proportion of the corporate capital structure is in debt vs. equities, along with the distribution of those who own corporate debt, or even Treasuries and municipal bonds.)
Also, here is an entry from Wikipedia about the
Salvadorian civil war. I suppose this would be subsumed under a “capitalist” system, since the US aided and abetted inhumane efforts against revolutionary and reform in that country during the 80s. The Church did not give an explicit denunciation of US foreign policy in Central America, nor did it condemn the actions of the death squads, but rather suppressed liberal theology by appointing conservative bishops. The Apartheid is another example of a socially just regime too.
No one can credibly buy that rhetoric about the concern for the working man’s “liberty of disposing of wages” to “obtain property”. How would a little “socialism” harm them, but it would harm the interests of the US and the landowners.
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I posted this before: