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"It’s extreme capitalism meets Social Darwinism by way of rugged self-reliance crossed with puritanical cruelty." I don't know if this is true. There seems to
by xupybd 8y ago
"It’s extreme capitalism meets Social Darwinism by way of rugged self-reliance crossed with puritanical cruelty."
I don't know if this is true. There seems to be something else emerging in America.A failed attempt at socialising thing one making the situation worse. Yes medical costs have sky rocketed due in part to an attempt to give universal health care.
They are accused of extreme capitalism but bail out large corporations and subsidise the growing of corn.
Things seem pretty bad over there but I don't think think they have a well regulated free market, they have something else.
The article accurately pointed out the asymmetric risk. A society cannot function with everyone living on the knife edge like that. The only insulation seems to be extreme wealth. But I don't know that socialism will fix this.