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When did you realize that capitalism is socialism for the rich?

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Thread replies: 18
Thread images: 5

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When did you realize that capitalism is socialism for the rich?
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>capitalism is socialism for the rich
>tumblr
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About the same time I realized socialism is capitalism for the poor. Really makes u thingk.
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>capitalism is socialism for the rich
>socialism is hunger death for the poor
>>
>>1413851


What? Explain this.
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>socialism

Even the rich have someone else who they consider rich
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>>1413851
OP can't into politics.
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>>1413913
They preach individual competition but they practice collectivism among themselves.
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>>1413913
What are tax-funded bailouts and subsidies and eminent domain.
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>>1413881
It's actually that socialistic/capitalistic combinations produce anarcho-chaotic results.

And that really makes you thing.
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Shhhhhhhhhhhhhhhhhh. We're busy being lumpen here.
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>>1414011
>What are tax-funded bailouts and subsidies and eminent domain.

That's not capitalist though.

Bailouts and other forms of government intervention is more socialist
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>>1413913
Quantitative easing
Bailouts
Tax credits
Privatization

All of these fancy terms inject capital into the pockets of the 1%. QE is probably the most egregious one because the government literally prints money and hands it over to banks in exchange of Treasury securities. This is done "to stimulate the economy" and encourage banks to invest in businesses. What are we seeing now? Most of the new wealth since 2008 has gone to the very rich. This is basic income for the 1%. Unfortunately, we still live in a world where it's considered totally okay to give money to the rich, but giving money to the 99% is a HANDOUT and will make everything more expensive!!
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>>1414430
Bitcoin is the only hope to hedge against this bullshit. It's going to be fun once the tide shifts.
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>>1413851
So if you want socialism so much just go get rich and there you go you dumbfucks.
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>>1413913
You save up enough money and then have your kids live off of things like annuities or a perpetuity. Or establishing a franchise business and then handing off management to someone else while you retain ownership and collect money. Once you've reached the point where your money is making money for you, its basically the same as receiving a welfare check in the mail for your family members set to receive your inheritance. All they have to do is not be retarded enough to fuck up the system you've left in place for them.
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>>1414296
That's the point you fucking retard.
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>>1414430
>Tax credits
>Benefit the 1%

How about the working tax credit ( UK ) or the earned income tax credit ( USA )? you can argue that they allow employers to pay lower wages ( not a good argument btw ) and thus benefit the "1%" but the main beneficiary of tax credits such as these are the working poor.

What matters with privatisation is how it is done. For each privatisation there is probably is a better way for society than state run but thanks to politics it can be done dreadfully. Compare privatisation in Russia to the Czech Republic.

QE is needed to prevent deflation, which is worse for the poor than the rich. The owners of treasuries are given the money in exchange for the treasuries, it's not free money for them. QE has lowered interest rates which ought to be bad news for those who have money to lend ( the rich ) if low interest rates last.

Bailouts are once again a case of it depends.

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Thread posts: 18
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