However US Corporations that exploit US Workers and Workers abroad are subsidized, even for their losses. Us Taxpayers pay them while they exploit us further and Social Services get gutted and crumble. Gotta love neoliberalism, where socialized welfare is bad for workers, but good for corporations.
Edit: not actual socialism like worker owned, just socialized losses, as in the working class paying taxes foot the bill for the corporations benefit and privatized gains
No, I have not. I’ve only touched on the book Consequences of Capitalism so far. Thanks for the req, I’ll check it out.
Socialism isn’t the right word, it’s not like they are worker owned in any regard. It’s just that the subsidies they receive for the benefit of their private business and profits for shareholders come from taxpayer money. Further redistributing weather to the wealthy at the expense of the working class Americans, and further enabling them to exploit us more. Their gains are privatized and their losses are socialized by the working class.
I’m somewhat familiar with the principals, but not enough to thoroughly explain them in a casual conversation.
It’s definitely eye-opening to contextualize things like Nationalism, Fascism, Colonialism, and Imperialism within the Capitalist mode of production
Edited my comment to distinguish between genuine socialism and the welfare of corporations being socialized thru taxpayer money for their benefit and our expense.
Removed by mod
However US Corporations that exploit US Workers and Workers abroad are subsidized, even for their losses. Us Taxpayers pay them while they exploit us further and Social Services get gutted and crumble. Gotta love neoliberalism, where socialized welfare is bad for workers, but good for corporations.
Edit: not actual socialism like worker owned, just socialized losses, as in the working class paying taxes foot the bill for the corporations benefit and privatized gains
Removed by mod
No, I have not. I’ve only touched on the book Consequences of Capitalism so far. Thanks for the req, I’ll check it out.
Socialism isn’t the right word, it’s not like they are worker owned in any regard. It’s just that the subsidies they receive for the benefit of their private business and profits for shareholders come from taxpayer money. Further redistributing weather to the wealthy at the expense of the working class Americans, and further enabling them to exploit us more. Their gains are privatized and their losses are socialized by the working class.
Removed by mod
I’m somewhat familiar with the principals, but not enough to thoroughly explain them in a casual conversation.
It’s definitely eye-opening to contextualize things like Nationalism, Fascism, Colonialism, and Imperialism within the Capitalist mode of production
Edited my comment to distinguish between genuine socialism and the welfare of corporations being socialized thru taxpayer money for their benefit and our expense.
Removed by mod