Subj : Re: Recession to Depressi
To   : Dr. What
From : Kaelon
Date : Sat Jul 16 2022 09:18:02

  Re: Re: Recession to Depressi
  By: Dr. What to Kaelon on Wed Jul 13 2022 08:27 am

 > This pile of nonsence is what is called "soft socialism".
 >
 > "Capitalism is great, but it needs to be controlled".  "Controlled" meaning
 > run by "smart" people, usually the state, which only has people who think
 > that they are smart.
 >
 > The lame excuses of "we need to 'protect' people from exploitation" is the
 > normal cry.  In Capitalism there are risks - that's just part of life.  And
 > having the gov't "protect" people from their mistakes is just keeping them
 > like children - and controlling them.

Frankly, this is bullshit.  Our economic system has had numerous safeguards for institutions and corporations - such as the "bailouts" that the government (i.e., taxpayers) ensured that big banks would receive and the even large-scale industrial corporations would receive, when their risky models folded in 2008-2009.  In a true Capitalist system, they should have been all allowed to fail.  Where are your cries for the lame excuses of banks and manufacturing in 2008-2009, or for airlines, commodities traders, and real estate speculators now in the 2020-2022 Pandemic period?

Let them all fail.  And then we can talk about the "lame excuses" of the very valid truth that corporations have co-opted our political institutions.  This isn't Capitalism, Dr. What.  This is syndicate corporatism.  And that's not what entrepreneurial people and innovators signed up for.
_____
-=: Kaelon :=-

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