Socialism for the Rich. Capitalism for the Rest.

[BidenPresident]

“Socialism for the rich and capitalism for the rest” — a variation on a theme popularized in the 1960s — happens, Sharma explained in a phone interview, when government intervention does more to stimulate the financial markets than the real economy.

So, America’s richest 10 percent, who own more than 80 percent of U.S. stocks, have seen their wealth more than triple in 30 years, while the bottom 50 percent, relying on their day jobs in real markets to survive, had zero gains. Meanwhile, mediocre productivity in the real economy has limited opportunity, choice and income gains for the poor and middle class alike.


https://www.nytimes.com/2021/01/26/opinion/us-capitalism-socialism.html

 

[BattleofHodow]

Because Capitalism pushed jobs overseas & with that pushed consumerism overseas.

Capitalism cares not about the well being of America, but fattening of the elites pockets at your expense.

 

[Jerry Mathers]

“Socialism for the rich and capitalism for the rest” — a variation on a theme popularized in the 1960s — happens, Sharma explained in a phone interview, when government intervention does more to stimulate the financial markets than the real economy.

So, America’s richest 10 percent, who own more than 80 percent of U.S. stocks, have seen their wealth more than triple in 30 years, while the bottom 50 percent, relying on their day jobs in real markets to survive, had zero gains. Meanwhile, mediocre productivity in the real economy has limited opportunity, choice and income gains for the poor and middle class alike.


https://www.nytimes.com/2021/01/26/opinion/us-capitalism-socialism.html

so, do you realize the covid bailouts were mostly about paying off corporations to support the lockdowns until smaller businesses and individuals are destroyed?

 

[BattleofHodow]

so, do you realize the covid bailouts were mostly about paying off corporations to support the lockdowns until smaller businesses and individuals are destroyed?

Right, small businesses were disproportionately harmed by Covid-19.

 

[BattleofHodow]

Capitalism is against national interests.

It is behind outsourcing at our expense to the benefit of semi Communist hostile nations like China & Vietnam.

Capitalism caused multiculturalism they imported Black slaves & Mexican illegal immigrants for cheap labor.

Capitalism is behind the censorship of Parler & users on Facebook, Twitter, YouTube etc.

Capitalism is behind the Leftist media & Hollywood degeneracy.

Capitalism is for drug dealers, leftist private college indoctrination, pornography, gangster rap music, strip clubs, gay bars, Che Guevara T shirts etc.
If they had their way most Abortions would be privatized for profit too.

Capitalism tends to sell out over & over again.

 

[BidenPresident]

Going forward, how about more inclusive capitalism for everyone and less knee-jerk socialism for rich people. Economies grow from more people inventing and starting stuff. “Without entrepreneurial risk and creative destruction, capitalism doesn’t work,” wrote Sharma. “Disruption and regeneration, the heart of the system, grind to a halt. The deadwood never falls from the tree. The green shoots are nipped in the bud.”

 

[BattleofHodow]

Why do Trump supporters tend to complain about Capitalist companies but then believe the tax cuts for these Capitalist companies are A victory!?

 

[BattleofHodow]

Tax cuts for companies who do the right thing.

Tax raises, and even maybe jail time for companies who do the wrong thing.

That's what it should be.

 

[Jerry Mathers]

Capitalism is against national interests.

It is behind outsourcing at our expense to the benefit of semi Communist hostile nations like China & Vietnam.

Capitalism caused multiculturalism they imported Black slaves & Mexican illegal immigrants for cheap labor.

Capitalism is behind the censorship of Parler & users on Facebook, Twitter, YouTube etc.

Capitalism is behind the Leftist media & Hollywood degeneracy.

Capitalism is for drug dealers, leftist private college indoctrination, pornography, gangster rap music, strip clubs, gay bars, Che Guevara T shirts etc.
If they had their way most Abortions would be privatized for profit too.

Capitalism tends to sell out over & over again.

I still hold onto the the belief we can have capitalism without fascism. but maybe im just dumb.
fiat currency is innately fascistic. it changes everything.