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In reply to the discussion: Is Immigration really the top problem we need Obama to deal with? [View all]joshcryer
(62,534 posts)And that's been a problem with socialist critiques for far too long. Marx is right in that capitalism is a transitional period, everyone including Marx is wrong about how to get there.
For a President to "get rid of capitalism" they would have to start nationalizing things. They could nationalize the banks, for starters, maybe, without getting impeached. From there it's a much more daunting process. Look at Wal-Mart, the epitome of a socialized corporate environment (their margins are only 5%, so they are literally a socialist hierarchy; equalize the pay for all the workers and you have a socialist microcosm). Only way to take it over and make it "more socialist" is to buy it out, that's around $300 billion. Or you could just pass legislation in Congress that taxes the top elites and mandates a higher wage for corporations, and you kill a dozen birds with one stone. But, oops, that requires Congress.
But, whatever, I'm unimaginative...
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