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THAT'S EXACTLY WHAT CAPITALISM IS. GET SOMEONE ELSE TO PAY COSTS AND YOU MANAGE THE PROFITS.The biggest problem with "capitalism" is that nobody ever practices it....but acts like it's the best system ever.
Because all the biggest proponents of "capitalism" beg their governments for money to cover their risks and failures.
The people subsidize the health insurance industry. The automobile industry. The banking industry. The housing industry. The professional sports industry.
Everything.
So anyone who wants to sit here and ask "what system is better?"....first answer me why everyone ALWAYS socializes the risks and privatizes the profits? Because in a capitalistic system, this would never happen.
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GbamThe biggest problem with "capitalism" is that nobody ever practices it....but acts like it's the best system ever.
Because all the biggest proponents of "capitalism" beg their governments for money to cover their risks and failures.
The people subsidize the health insurance industry. The automobile industry. The banking industry. The housing industry. The professional sports industry.
Everything.
So anyone who wants to sit here and ask "what system is better?"....first answer me why everyone ALWAYS socializes the risks and privatizes the profits? Because in a capitalistic system, this would never happen.
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So much for the "invisible hand" of the free market...eh, Adam Smith?THAT'S EXACTLY WHAT CAPITALISM IS. GET SOMEONE ELSE TO PAY COSTS AND YOU MANAGE THE PROFITS.
Posted from the comfort of your own home and smart phone/computer![]()
Posted from the comfort of your own home and smart phone/computer![]()
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Look at the phone in your hand – you can thank the state for that | Rutger Bregman
We forget that it is state investment that makes innovation possible, says the Utopia for Realists author, Rutger Bregmanwww.theguardian.com
Look at the phone in your hand – you can thank the state for that
Danny Elfman over here