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Capitalism is Broken, and I Think I Have Found the Solution
Capitalism is Broken, and I Think Know Why:
What the Scriptures Say About Fairness and Equality
by Rev. Paul J. Bern
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A Headline taken from the Internet just several days ago caught my eye, since its topic closely parallels the motto for this blog, “Where truth, justice and the Bible meet”. I then found two more related examples as well, and here they are.
What the Wealthiest Have Accumulated
- Warren Buffet’s Berkshire Hathaway sees operating earnings increase 7% over last year, cash balance grows to $147B (More)
- Microsoft annual operating income for 2023 was $88.523B, a 6.16% increase from 2022. Microsoft cash on hand for 2023 was $111.262B, a 6.21% increase from 2022.
- Lockheed Martin’s cash on hand for the quarter ending June 30, 2023 was $3.673B, a 106.93% increase year-over-year.
So now we can all see that this adds up to $262.7 billion in cold, hard cash between these three financial entities. Now, let’s compare that to the current liquid assets of the average American worker in…