this post was submitted on 11 Dec 2023
1169 points (93.8% liked)
Memes
45454 readers
2631 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
unregulated anarcho-free market capitalism. THAT'S the problem.
In a real free market, the banks that committed so much fraud in 2008 that they crashed the economy wouldn't have gotten bailouts.
GM and ford both went bankrupt multiple times from their own greed and stupidity. In a real free market, they wouldn't have gotten bailouts. Or the airline companies, no bailouts for them in a free market either.
In a real free market companies will lobby the government to bail them out.
that wouldn't be a free market. The idea of a free market means that working hard makes you go farther. But our economy punishes hard work and rewards constant failure.
I understand what you're saying, but what a free market is supposed to be on paper isn't what we have. What we have is an oligarchy dicatorship.