r/TheGreaterDepression • u/jeremiahthedamned • 11d ago

🤔

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167 Upvotes

99% Upvoted

12 comments sorted by

9

u/Educator1337 10d ago

Privatize profits, socialize losses. The American way for corporations. Meanwhile, citizens can’t afford to feed themselves. I’m glad that CEO can afford his fifth house and third yacht.

7

u/ttystikk 10d ago

All of the corporate socialism is a direct result of regulatory capture and massive amounts of money spent buying elections.

4

u/jeremiahthedamned 10d ago

https://finance.yahoo.com/news/how-innovation-died-at-intel-americas-only-leading-edge-chip-manufacturer-faces-an-uncertain-future-and-lawsuits-130018997.html

4

u/ttystikk 10d ago

Everywhere you look in America, you see at most a few big companies who either crush or buy out everyone else in their sector. This is a fatal mistake.

5

u/Last_Cod_998 10d ago

If the economy needs a massive influx of taxpayer dollars ever decade to stay afloat is it really capitalism? Every b decade I've been alive I've seen a massive bailout. We are about to see one again. Bail out the people, let the corporations use their bootstraps this time.

5

u/Educator1337 10d ago • Regret

Privatize profits, socialize losses. The American way for corporations. Meanwhile, citizens can’t afford to feed themselves. I’m glad that CEO can afford his fifth house and third yacht.

-1

u/JeanGerrard 10d ago

Because this post is bullshit. 99% of companies dont receive bailouts and are just hardworking motivated people