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There's a middle ground between making it impossible for certain private companies to fail (basically turning those industries into a permanent oligarchy) and s
by bcrosby95 7y ago
There's a middle ground between making it impossible for certain private companies to fail (basically turning those industries into a permanent oligarchy) and saying "fuck it, let it burn".
- isostatic 7y agoAs the income and wealth disparity, between people and between generation, the number of people thinking "let it burn" increases. A lot. This is then multiplied when those people are those who actually do the work. Rich people in retirement homes can't get their stocks and 401ks or whatever to wipe their asses.
- kortilla 7y agoIt’s not impossible for these companies to fail. Banks have failed over and over even since the crisis.