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But "socialism" is a scary word (slrpnk.net)

submitted 3 days ago by [email protected] to c/[email protected]

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[–] [email protected] 40 points 2 days ago (1 children)

Its not a flaw, its working as planned. But yeah, our "market solutions", basically any problem created by capitalism just gets exploited for profit. Even when the economy crashes its actually a good thing for the very rich, as it " disciplines" labor, moves people down and out of the middle class which lowers wages systematically, takes out a few competitors, etc.,

[–] [email protected] 15 points 2 days ago

Even when the economy crashes its actually a good thing for the very rich, as it " disciplines" labor, moves people down and out of the middle class which lowers wages systematically, takes out a few competitors, etc.,

If you look at it, every crisis always results in transfer of wealth up. Covid was the biggest up to date.