CAPITALISM (PLUTOCRATIC) FINANCIALLY NO DIFFERENT THAN COMMUNISM, DICTATORSHIP, ETC. AS THEY ROB FROM THE POOR TO PAY THE RICH

(These thoughts are purely the blunt, no nonsense personal opinions of the author about financial fairness and discrimination and are not intended to provide personal or financial advice.)

This blog has given many examples of how singles and the poor are consistently being financially compromised by their governments who are supposed to be democratic in their financial decisions, (democracy – a form of government in which the power is controlled by the people and exercised directly by them or by their elected agents under a free election system).  Instead, selective social democracy by Liberals and Conservatives and far right Conservative ideals that benefit the upper middle class and the wealthy over the poor are replacing social democracy.

Some examples of selective social democracy as outlined in this blog are 1)  Canada Pension Plan (CPP) enhancements that will benefit the wealthy more because the minimum wage on which CPP contributions are dependent is not being raised at equivalent levels to the enhancements, 2)  Old Age Security (OAS) clawbacks that don’t work so that almost all Canadian seniors receive OAS including the wealthy (oas), 3) upside down housing and food purchasing schemes that benefit the wealthy more than singles and the poor (affordable) (maslows-hierarchy-of-need), and 4) boutique tax credits which create a financial dependence on the nanny state (government) with resultant lower CPP pensions since CPP contributions are not collected on boutique tax credits (political-statements) (government).

This selective social democracy disparity has to be placed squarely at the feet of the Liberals and Conservatives as they are primarily the only parties that have been in power in this country.  Big business, Wall Street, outrageous salaries as in media and sports and big business, and gentrification can also be included here.

In the USA, far right Conservative policies like Donald Trump’s new tax plan give the top 1 percent more of a tax break than the middle class is yet another example.

Plutocratic capitalism and selective social democracy purposely rob from the poor to pay the wealthy.  They eliminate the middle class so that only the poor, the upper middle class and the wealthy are the prevailing classes and, therefore, are no different than governmental philosophies like communism and dictatorships which give financial wealth to one person or to the top very few.

Failure to recognize selective social democracy and to replace it with financial fairness for all citizens will only increase the financial disparity that the poor are facing in this country.  Children are being taught to be philanthropic with their lemonade stands and food drives to help the poor and underprivileged.  However, many parents fail to teach them how to handle finances or to think critically about how politicians like the Liberals and Conservatives are promoting selective social  democracy.  Continued programs like food drives and social community programs without providing an indexed living wage do nothing to eliminate the financial plight of the poor and disabled.

CONCLUSION

Financial intelligence and critical thinking of basic math, budgeting and common sense financial principles resulting in financially fair social democracy by governments and businesses for all citizens is required, not just for the upper middle class and wealthy.

DEFINITIONS

Online searching of definitions of communism, dictatorships, and plutocracy and many other -isms show that control is maintained by one person alone or by a very few wealthy persons.

Communism – a system of social organization in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating political party.  In the case of Russia, the country is controlled by Putin who, as he sees fit, will distribute the country’s wealth to himself and only a few other persons.

Dictatorship – a country, government, or the form of government in which absolute power is exercised by a dictator.  The country’s wealth is controlled by the dictator.

Plutocracy is a form of oligarchy and defines a society ruled or controlled by the small minority of the wealthiest citizens.  In the cases of Canada and the United States and other democratic countries the wealth is increasingly being controlled by the top wealthy corporations and individuals of the country.

(This blog is of a general nature about financial discrimination of individuals/singles.  It is not intended to provide personal or financial advice.)