The Question for America Now

I just saw a headline from The New York Times regarding a Bernie Sanders proposal to tax Wall Street transactions.  This to my mind is a good idea.  However, isn't such a thing akin to what has been happening in Greece?  I made the observation earlier after reading an article from Greg Palast, that the Greeks are suffering because they have acceded to the Euro, which currency is the cause of their undoing.  There is much more to be said about this.

But for America now, the question is:   Can America continue and thrive if the profit system is the basis of our economics?  And as I have said so many times, the alternative is not Soviet-style communism or state socialism.  What we need is something more like Thomas Jefferson's vision of an America open to individual initiative and business.  The corporate model of today would have been unthinkable to him.  He would have railed against it, as his successors Theodore Roosevelt, FDR, and Truman did.

Now it is time to go beyond these estimable Presidents and ask whether we can afford, at all, to continue with this rapacious, one-sided system which over-compensates the few at the expense of the many.  This kind of imbalance is unsustainable.  That is the point which must be made, leading to the discussion which should be had.