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Save capitalism? I think that is a great over reaction, the Great Depression, crash of 87, nor of 2008 stopped it. So I am quite certain this will be but a hi
by DamnYuppie 7y ago
Save capitalism? I think that is a great over reaction, the Great Depression, crash of 87, nor of 2008 stopped it. So I am quite certain this will be but a hiccup when we look back 10 years from now.
- claudeganon 7y agoWe’re heading beyond Great Depression territory and that was only stabilized by massive social democratic interventions in the form of the New Deal. People like to forget how popular both fascism and communism became in the US during this period.
- pixl97 7y ago>Great Depression > So I am quite certain this will be but a hiccup > ignoring the mass death of WWII It's not about saving capitalism, it's about saving people from terrible outcomes.
- standardUser 7y agoThe Great Depression resulted in the welfare state. It forever changed the balance between state and private sectors. It certainly was not a hiccup.