What do socialists fail to understand about out current economic conditions? Episode 35 The Golden Question Podcast

In this episode, we are going to bridge a gap between what true capitalists and socialists believe ought to be done in our economy. What we ultimately come to find out is that we both share the same concerns on what the problems are in out current economic state. We both agree that the U.S. productivity has declined over the recent decades, most of our production is occurring in other nations, our trade deficits have been drastically increasing, our standard of living has decreased, our cost of living has increased, overall happiness in our workforce has decreased, the wealth gap has widened, corporations are getting larger, mergers are more frequent, small businesses are finding harder to operate, prices are rising, savings is on the decline, and debt is on the rise both on a personal, business, and governmental standpoint. We both realize the concerns however we have different viewpoints on what the solution should be. I argue that part of this difference in the solution stems from a difference in understanding how the problem emerged from the beginning. If we can first create a common ground on how these problems have sprouted, only then we can begin to find common ground on solutions to fix these problems.


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