I can't really argue the great depression with you because that time period is not fresh in my memory.
Regardless, you cannot argue that the general trend following the great depression has improved the quality of life for the majority of people. Workers are protected under law, they have decent salaries, etc. We can see where we would be under pure capitalism - just look at the MO of the majority of companies. Production is done in overseas sweatshops where workers are paid pennies an hour. That is pure capitalism. Would you have us return to conditions like that here?
Regardless, you cannot argue that the general trend following the great depression has improved the quality of life for the majority of people. Workers are protected under law, they have decent salaries, etc. We can see where we would be under pure capitalism - just look at the MO of the majority of companies. Production is done in overseas sweatshops where workers are paid pennies an hour. That is pure capitalism. Would you have us return to conditions like that here?
