Endless Corporate Bailouts, None For The People
submitted 3 years ago by EndlessSunflowers from (i.imgur.com)
[–]EndlessSunflowers[S] 7 insightful - 7 fun7 insightful - 6 fun8 insightful - 6 fun8 insightful - 7 fun - 3 years ago (10 children)
Who is held accountable for the significant failures that required bailing out Wasn't the free market supposed to allow failing business to go extinct Nothing makes sense This world is run by idiots
[–]ReeferMadness 10 insightful - 1 fun10 insightful - 0 fun11 insightful - 0 fun11 insightful - 1 fun - 3 years ago (0 children)
That the people in government are so corrupt that they would use an economic crisis, likely manufactured by them, to enrich themselves doesn't make capitalism bad. It is corruption that is bad, and under socialism (or any form of government that makes government bigger or gives these corrupt people more power) the results would be worse.
[–]Chipit 7 insightful - 2 fun7 insightful - 1 fun8 insightful - 1 fun8 insightful - 2 fun - 3 years ago (4 children)
It's not a free market. That's the problem.
Free markets aren't the issue. On the other hand, socialism has killed millions with starvation and the oppression necessary to make socialism work.
[–]Questionable 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (2 children)
In this case, isn't it corporate welfare that is destroying the free market? And as for socialism in countries, don't the world banks and the CIA have a hand in many of their failings? Hard to create a socialist state, when the world banks shut you out and your leaders are getting drone striked.
[–]flugegeheimen 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 3 years ago (0 children)
And as for socialism in countries, don't the world banks and the CIA have a hand in many of their failings?
While the secretive nature of most intelligence agencies naturally lends itself to their omnipresence-omnipotence myths, with CIA you are giving too much credit for an organization which not only failed to assassinate Fidel Castro many times, they even failed to kill his beard. Imagine these clowns toppling down entire countries.
Hard to create a socialist state, when the world banks shut you out and your leaders are getting drone striked.
Well, if it's hard to create a socialist state being treated exactly as capitalist states treat each other then maybe socialism is just handicapped, ineffective form of social organization? It's not like socialists have some moral weak spots preventing them from international dog-eat-dog politics: late USSR was as inhumane and militaristic as it could get, they were just bad at economy and getting shit done in general.
[–]happysmash27 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
In this case, isn't it corporate welfare that is destroying the free market? And as for socialism in countries, don't the world banks and the CIA have a hand in many of their failings?
Yes and yes. Or, at least in my opinion (not the same person you replied to, but I agreed with them).
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
You don't know the meaning of the word socialism, that's YOUR problem.
You're confusing it with COMMUNISM.
[–]TOILETWIZARD 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 2 fun3 insightful - 3 fun - 3 years ago (0 children)
[–]RuckFeddit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (0 children)
it's a free market up until the point the banks lose money, then it has to come out of your pocket. We're basically paying to be enslaved, then paying more when the slave masters are upset.
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (1 child)
Mega-corporations influence so many politicians that only be replacing every Congressman, every two years, and every Senator, every six year, can give us hope that enough new people will be honest and fix all the corrupt shit going on.
I believe these structures and circles most of these "deciders" move in still are inherited.
The Greeks where smarter than what they looked like when they elected by chance.
[–]soundsalad 7 insightful - 1 fun7 insightful - 0 fun8 insightful - 0 fun8 insightful - 1 fun - 3 years ago (0 children)
What? We don't have capitalism.
[–]Druullus 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 1 fun5 insightful - 2 fun - 3 years ago (0 children)
What is Capitalism?
[–][deleted] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 1 fun5 insightful - 2 fun - 3 years ago (3 children)
It's not Socialism you dolt. It's Fascism, which is the collusion of big business and government. Government bailing out big business is as far from socialism as you can get.
[–][deleted] 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 2 fun4 insightful - 3 fun - 3 years ago (2 children)
It's Fascism, which is the collusion of big business and government
Are you retarded you nigger? Fascism is inherently anti-materialist. The bourgeoisie shake in fear when they hear of fascism, for it is only fascism that can actually kill the bourgeoisie. P.S. Marxist Bureaucratic """Socialism""" is not Socialism, utopian socialism is.
Nice well thought out argument. Fascism has taken different forms in different countries. Still doesn't change what the underlying theme is. Namely, collusion between big business and government.
[–][deleted] 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 2 fun4 insightful - 3 fun - 3 years ago* (0 children)
Fascism has taken different forms in different countries. Still doesn't change what the underlying theme is. Namely, collusion between big business and government.
I think you're confusing corporatism(a core concept of anti-materialist economic theory) with corporatocracy(namely, shilling for Jew corporations). Corporatism is a economic theory that tries to organize society into "corporates" (similar to trade unions) and is a form of National Syndicalism. The system closest to Corporatist economic theory is Tripartism. Essentially a reboot of Syndicalism. Sorelianism is a big influence. The main difference between Fascist and Marxist economic theory is that we reject the Marxist concept of Class conflict as we believe it further divides the Nation even more. There are some leftists who'll tell you that the biggest difference is on the notion of private property, they are largely incorrect, I'll expand on that later on.
You see, class conflict is inherently divisive. If allowed to spread as an idea, it will inherently cause a nation to turn to ruins, a utopia to turn into a dystopia. We reject that. Instead our ideology leads to friendship and collaboration between the proleteriat and the bourgeoisie. Rich capitalists who do not abide by the policy are sent to labor camps/concentration camps. As Fascism is based on immaterialist metaphysical values, i.e. spirituality, nation, race, etc, we do not need a economic theory. And that is the beauty of it. We do not have an economic theory because economics is not the end, it is just another means to reach it.(LPT: Fascism is not a political theory or an economic theory, it is a philosophy. The political and economics forms of it are basically real-world implementations suited to the philosophy). So in the end, class conflict is a economic theory, and it is divisive, and it is antithetical to every value of Fascism, which seeks to unite not divide.
Hitler distinguished real social policy as acknowledging the general welfare as the highest good, not special interests policies masquerading as social policies. He described Marxism, in contrast, as the politics of class hatred, of pitting the elements of society against one another:
To adopt class struggle as a political creed means to preach hate as your basic principle. “Expropriate the expropriators,” means raising envy to the level of an economic principle. Marxist “socialization” actually means the destruction of human leadership and the personality factor. It means substituting mass and materialism for the human spirit and for human achievement. We need introduce no further proof of the complete collapse of Marxist theory than the bankruptcy of the communist economic system in Russia. We need only consider the wretched mission of the German revolution of 1918. Here again I would like to direct the attention of the reader to the fact that Marxist pseudo-socialism concerns everything except communalism and common sense. Marxism is not truly social, not organically oriented. Rather, it is mired in the deepest depths of political backwardness. It is stalled on the philosophical basis of the most crass individualism. It represents the chaotic construction of society with which we became familiar in our section on fundamental principles. Marxism consists of nothing except a plurality of individuals, connected as such through feelings of hate and envy. Under Marxism, individuals are not connected in any organic or logical way to higher principles. Workers are not bound to the other half of society. It is no wonder the social problem cannot be solved in this way, because the answer of Marxism to the social question can be only hate and exploitation. Likewise, it is no wonder that a viable form of government cannot come about under Marxism. The only possible result of a Marxist "stock market revolt" is a pile of rubble. Once again National Socialism calls Marxism by its rightful name: “stock market revolt.” Marxism is an out-and-out capitalistic deception. It is capitalistic because the culmination of the social chaos of individualistic society, its deadly flower and rotten fruit, are inevitably high finance and monopolism. The ostensibly anti-capitalistic policies (referring to the so-called social policy of the present government) pretend to be socio-political in nature. Consider its relationship to Marxism and the class politics of the occupational organizations. In reality these policies are necessarily capitalistic. However, in the present government there is no effort to achieve social assimilation, no striving for a systematic and beneficial inclusion of competing classes under a higher concept of national unity. Rather, we are dealing with brutal, egotistical striving of the individual to better his own position at the expense of the rest of society. Capitalism and Marxism are one and the same! They are derived from the same philosophical basis. We National Socialists are the principal opponents of both capitalism and Marxism. We are separated by a whole world, by entirely different concepts of society. For us, the general welfare of society is the highest good. We reject class dialectic, class struggle and class conceit. Once again it is evident that our limited number of socio-political demands ignores many issues of the day. We do, however, address the really important problems and tasks of real social policy, which are of concern to all our countrymen.
To adopt class struggle as a political creed means to preach hate as your basic principle. “Expropriate the expropriators,” means raising envy to the level of an economic principle. Marxist “socialization” actually means the destruction of human leadership and the personality factor. It means substituting mass and materialism for the human spirit and for human achievement. We need introduce no further proof of the complete collapse of Marxist theory than the bankruptcy of the communist economic system in Russia. We need only consider the wretched mission of the German revolution of 1918.
Here again I would like to direct the attention of the reader to the fact that Marxist pseudo-socialism concerns everything except communalism and common sense. Marxism is not truly social, not organically oriented. Rather, it is mired in the deepest depths of political backwardness. It is stalled on the philosophical basis of the most crass individualism. It represents the chaotic construction of society with which we became familiar in our section on fundamental principles.
Marxism consists of nothing except a plurality of individuals, connected as such through feelings of hate and envy. Under Marxism, individuals are not connected in any organic or logical way to higher principles. Workers are not bound to the other half of society. It is no wonder the social problem cannot be solved in this way, because the answer of Marxism to the social question can be only hate and exploitation. Likewise, it is no wonder that a viable form of government cannot come about under Marxism. The only possible result of a Marxist "stock market revolt" is a pile of rubble.
Once again National Socialism calls Marxism by its rightful name: “stock market revolt.” Marxism is an out-and-out capitalistic deception. It is capitalistic because the culmination of the social chaos of individualistic society, its deadly flower and rotten fruit, are inevitably high finance and monopolism.
The ostensibly anti-capitalistic policies (referring to the so-called social policy of the present government) pretend to be socio-political in nature. Consider its relationship to Marxism and the class politics of the occupational organizations. In reality these policies are necessarily capitalistic. However, in the present government there is no effort to achieve social assimilation, no striving for a systematic and beneficial inclusion of competing classes under a higher concept of national unity. Rather, we are dealing with brutal, egotistical striving of the individual to better his own position at the expense of the rest of society. Capitalism and Marxism are one and the same! They are derived from the same philosophical basis.
We National Socialists are the principal opponents of both capitalism and Marxism. We are separated by a whole world, by entirely different concepts of society. For us, the general welfare of society is the highest good. We reject class dialectic, class struggle and class conceit.
Once again it is evident that our limited number of socio-political demands ignores many issues of the day. We do, however, address the really important problems and tasks of real social policy, which are of concern to all our countrymen.
Now let's talk property. I'm sure you have heard many Marxists screeching about how Fascism is """"""Capitalist"""""" due to not abolishing property. What those ADHD affected retards do not get is the Fascist definition of "property". I'll refer you to the 17th point of the 25 Points of the NSDAP
We demand a land reform suitable to our national requirements, the passing of a law for the expropriation of land for communal purposes without compensation; the abolition of ground rent, and the prohibition of all speculation in land.
National Socialism acknowledged and protected private property, provided it was honorably and lawfully acquired. But if land was illegally acquired or not administered in accordance with national welfare, then the state could acquire it. This provision stemmed from Jewish companies speculating in land:
A fundamental discussion cannot be presented here, but whoever understands the concept of work can have no doubt that the products of labor must accrue to the laborer. The worker cannot conceive that the results of his labor, or equivalent value, should belong to an incomprehensible generality. Neither can he understand that the fruits of his labor should go to one individual capitalist. From this necessarily evolves, within the genuine concept of work, the concept of private property. After all, we are dealing here with ultimate concepts, as with the concept of Heimat. Heimat becomes real when one stands on his own land, when one's family is surrounded by its own property. One’s own strawberries, potatoes, vegetables, fruit from one’s own garden, simply taste better than commercially prepared meals served in large establishments. He who does not know this longing for his own property, he who can not enjoy the pleasure of personal ownership, is either a rootless person of the inner city or a rootless capitalist who considers the property of working people as fair game -- someone who understands the financial art of expropriating other peoples property. When property is acquired by capitalistic theft, there arises an insatiable greed for more property, preferably convertible property. Such behavior contrasts with that of Nordic man, who is characteristically modest. Nordic man wants only what he can utilize. That person is not a real worker, who wants to build an ostentatious villa which he himself cannot utilize. Nordic man wants a simple cozy home of his own, but he wants to own it outright. He does not want to rent it, paying three or four times the value of the house in the course of his lifetime. By contrast: the greedy Jew, the capitalist, does not want permanent ties to one place. His highest ideal is a large safe stuffed with stock certificates, bonds, mortgages, and debentures. His goal is wealth -- not wealth in real property, but wealth in mortgaged property of others. He does not labor; and yet he does not rest until he has possession of a certain amount of debenture paper. This allows him to wield the whip of interest over his “debtors” even though they are not really indebted to him. Our program will place limits on this situation.
A fundamental discussion cannot be presented here, but whoever understands the concept of work can have no doubt that the products of labor must accrue to the laborer. The worker cannot conceive that the results of his labor, or equivalent value, should belong to an incomprehensible generality. Neither can he understand that the fruits of his labor should go to one individual capitalist. From this necessarily evolves, within the genuine concept of work, the concept of private property.
After all, we are dealing here with ultimate concepts, as with the concept of Heimat. Heimat becomes real when one stands on his own land, when one's family is surrounded by its own property. One’s own strawberries, potatoes, vegetables, fruit from one’s own garden, simply taste better than commercially prepared meals served in large establishments.
He who does not know this longing for his own property, he who can not enjoy the pleasure of personal ownership, is either a rootless person of the inner city or a rootless capitalist who considers the property of working people as fair game -- someone who understands the financial art of expropriating other peoples property.
When property is acquired by capitalistic theft, there arises an insatiable greed for more property, preferably convertible property. Such behavior contrasts with that of Nordic man, who is characteristically modest.
Nordic man wants only what he can utilize. That person is not a real worker, who wants to build an ostentatious villa which he himself cannot utilize. Nordic man wants a simple cozy home of his own, but he wants to own it outright. He does not want to rent it, paying three or four times the value of the house in the course of his lifetime.
By contrast: the greedy Jew, the capitalist, does not want permanent ties to one place. His highest ideal is a large safe stuffed with stock certificates, bonds, mortgages, and debentures. His goal is wealth -- not wealth in real property, but wealth in mortgaged property of others. He does not labor; and yet he does not rest until he has possession of a certain amount of debenture paper. This allows him to wield the whip of interest over his “debtors” even though they are not really indebted to him. Our program will place limits on this situation.
[–][deleted] 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 2 fun4 insightful - 3 fun - 3 years ago (6 children)
Why does the "elite" need to be killed off every hundred years. Why are their walls getting bigger and bigger ?
[–][deleted] 8 insightful - 3 fun8 insightful - 2 fun9 insightful - 2 fun9 insightful - 3 fun - 3 years ago (2 children)
Yes, the "elite". They are not actually elites, thank you, they are bottom-of-the-barrel scum who coalesced at the tops of our societies.
[–]JasonCarswell 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 3 years ago (1 child)
I prefer "ruling class" or "'authorities'" in quotes, though I use "elites" to be brief at times.
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago* (0 children)
Imo they rule (and can actually only rule) people as far as they let themselves be ruled. This is not me being pro-anarchy. Even when you are a law-abiding citizen you still can decide how much of their words you let into your world and so into your head. But i personally go even farther in this because imo if you developed a sense of morality you actually don't need "law and order" to guide your actions.
Corona lockdowns and all the legislation associated with it shows finely in many aspects how uncreative they are when it comes to compromising different needs efficiently and deducting fast decision under external stress especially while at the same time keeping a sense of morale. Also what are hard times many of them have admitting they went down a wrong path. This is "elitists" behaviour.
Honestly i'm against the word "authorities" because (even if it is only on paper) i still believe that the people are the actual sovereigns of their respective countries. As a consequence the authority given to "authorities" in this sense can, even should be withdrawn in some cases.
Otherwise we go down the path of the dark-ages and feudalism (in a nutshell: Only one belief allowed, everyone proposing something else gets canceled). And i don't want to go where the dark ages ended.
[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 3 years ago (1 child)
It's because like everything else in our world, society is also vulnerable to entropy in its various manifestations: corruption, power hoarding, degeneracy, etc. Those who corrupt everything are like fungi, who recycle all the higher lifeforms, but somehow with mankind, these "human rot fungi" dominate because man isn't vigilant and aware enough of its dangers.
[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 3 years ago* (0 children)
I am aware. That is why i collect plans of where "rich" people live. :)
Most likely i helped building their houses. If push comes to shove and i can make a dime rebuilding them e.g. .
[–]JasonCarswell 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - 3 years ago (0 children)
[–][deleted] 3 years ago (19 children)
[deleted]
[–][deleted] 6 insightful - 1 fun6 insightful - 0 fun7 insightful - 0 fun7 insightful - 1 fun - 3 years ago* (0 children)
I hope people come to realize that we don't need to be focused on capital just so people can live happy and free, or so that people can be members of the power process. Other societies didn't have poor people, unlike Rome. They just had people who wouldn't work. In places like Rome, or any modern country, someone can work many hours for many years and still struggle to afford going into debt so they could have property to farm for sustenance.
I agree, capitalism has helped the poor people of the world, in some ways. It has also helped the manipulative money-lenders gain massive amounts of global power.
[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 3 years ago (17 children)
There is no EITHER socialism or capitalism. They go hand in hand. Never has either existed in any nation without the other. Everybody's confusing socialism with communism and Marxism while they are utterly different.
The only way for capitalism to continue benefiting society is through socialism. Socialism means curtailing the abuses allowed by unfettered capitalism. Such as for example, the "legal person" status of corporations: it is an abomination. Corporations can't go to jail, they just pay fines, which is incentive for profitable anti-social behavior. Revoke the legal person status of corporations and suddenly the managers are PERSONALLY RESPONSIBLE for what their corporations do. Whole different ball game.
Then make laws that prevent corporations from underpaying employees. And so on. But those would be in the interest of SOCIETY (from which the name "socialism" is derived) and has nothing to do with communism and or Marixsm.
It's like everybody's talking about this stuff with half their words missing.
[–][deleted] 3 years ago (16 children)
[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 3 years ago (12 children)
Wrong. Politics and brainwashing got to you dude.
I. Definition Socialism is an economic philosophy based on the need for regulations on capitalism. Unchecked capitalism, most economists agree, can create serious problems in the long term, since short-term personal profit does not motivate companies to take care of infrastructure, the environment, or their workers. Socialists emphasize this fact and argue that only the government can solve the problems created by capitalism. Other economic philosophies generally acknowledge the problem, but advocate other solutions to it, while only a few extremists deny that there is any problem with absolute capitalism. Although many people think that socialism and capitalism are completely incompatible systems, the fact is that most developed nations operate on a combination of both. For example, nearly every major city in the developed world has some system of government-run public transportation, such as bus lines or a subway. There are also laws against child labor, unsafe workplaces, and reckless pollution, and government programs that help provide education, food, and healthcare to the poor. All of these are socialist ideas that exist in relative harmony with capitalist economies. Capitalism vs. socialism is a question of balance, not an “either/or” question.
I. Definition
Socialism is an economic philosophy based on the need for regulations on capitalism. Unchecked capitalism, most economists agree, can create serious problems in the long term, since short-term personal profit does not motivate companies to take care of infrastructure, the environment, or their workers. Socialists emphasize this fact and argue that only the government can solve the problems created by capitalism. Other economic philosophies generally acknowledge the problem, but advocate other solutions to it, while only a few extremists deny that there is any problem with absolute capitalism.
Although many people think that socialism and capitalism are completely incompatible systems, the fact is that most developed nations operate on a combination of both. For example, nearly every major city in the developed world has some system of government-run public transportation, such as bus lines or a subway. There are also laws against child labor, unsafe workplaces, and reckless pollution, and government programs that help provide education, food, and healthcare to the poor. All of these are socialist ideas that exist in relative harmony with capitalist economies. Capitalism vs. socialism is a question of balance, not an “either/or” question.
Source
[–][deleted] 3 years ago (11 children)
[–][deleted] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - 3 years ago* (10 children)
Yes I know. That was subverted by communist propaganda long ago. You have not been paying attention, have you? I'm an economist, so it's my job to know these things. The definition you are using is COMMUNIST PROPAGANDA.
[–][deleted] 3 years ago (9 children)
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (8 children)
There are already words for what you call "socialism" and which is not that: Marxist-Leninist doctrine, communism, and more.
The term "socialism" predates Marx by a century or so at least. Its original meaning has been removed in order to operate an Orwellian mind-control language distortion operation which is working amazingly well, as evidenced by your own reaction.
[–][deleted] 3 years ago (7 children)
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (6 children)
My definition IS THE ORIGINAL DEFINITION. Defining socialism as Marxist-Leninist IS COMMUNIST PROPAGANDA.
[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 3 years ago* (2 children)
In Marxist Socialism, society doesn't own property, the state does. The state creates a false narrative of "collective owning property" and doesn't define who or what the so called "collective" is. That is why in nearly every Marxist state, "collective" ends up being the (((government))) and the people end up suffering while the goverment agents become fatter.
Read some Robert Owen you retard
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (1 child)
There is no Marxist socialism. It's communism. Only Marx himself described his horrors as "a natural evolution of socialism" when in fact it is diametrically opposite. But socialism used to mean something elevated and respectable back then. So here comes Marx and pushes the idea that his horrors are the extension of these elevated and respectable ideas. Fast forward 90 years, and all of a sudden "socialism" is a dirty word.
[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - 3 years ago* (0 children)
This exactly, jews ruin everything they touch, but I disagree with one of your points. I hate Marx and marxists, but I have read "Capital A Critique of Political Economy" and in the book, the bearded jew describes "communism" as a "way to achieve marxism". So technically, you are incorrect, as, in the words of the bearded jew, Communism is a way to achieve Marxism, but realistically, you are correct, because most marxist countries end up being Marxist-Leninist or "Communist".
[–]ReeferMadness 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (0 children)
If bailouts are bad why do you want that to be the status quo all the time?
People for capitalism are not for the bailouts.
[–]GConly 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (0 children)
Because the state intervenes in the process to start with.
Gov forces banks to loan to people that can't repay them, expect an economic collapse.
[–]FediNetizen 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
Don't confuse cronyism with capitalism.
[–]Lostcarkeys 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
We're a functional oligarchy ran by a bunch of oligopolies. Chrony capitalism. It sucks. Capitalism is pretty good but we haven't really been doing that since about 1915 or so (Woodrow Wilson).
It doesn't, IMO. It may leave a country without crucial industries for a while, but if we just stop bailing these companies out, they will know that they can't keep taking such big risks, and there tend to be alternatives in a truly free market anyway.
[–]polync 0 insightful - 1 fun0 insightful - 0 fun1 insightful - 0 fun1 insightful - 1 fun - 3 years ago (0 children)
A plague o' both your houses.
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[–][deleted] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (10 children)
[–][deleted] (9 children)
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[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (8 children)
[–][deleted] (7 children)
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[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (6 children)
[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - (2 children)
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)
[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - (0 children)
[–]ReeferMadness 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)
[–]GConly 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)
[–]FediNetizen 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]Lostcarkeys 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]happysmash27 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]polync 0 insightful - 1 fun0 insightful - 0 fun1 insightful - 0 fun1 insightful - 1 fun - (0 children)