Originally Posted by GogglesPisano

Very nice summary Rick. I would only add that both socialism and communism are different shades of envy by the have-nots. The trend over the last few decades (globalization, automation) and going forward (AI) will lead to a lot more have-nots in the US (the underdeveloped world will thrive due to their cheap labor.) They will not learn from history (a large amount don't even know much history.) If Mandami is able to sweep NYC, which is looking like a fait accompli, this should send chills down the back of every productive member of society. And those who know history.

This is what keeps me up at night.