4 ms·

No, other people will take their place, this is how capitalism works. Let the rich lose everything.

• refurb 6y ago
  Sure, other people will pick up the pieces but that doesn’t mean much to the blue collar worker who is out of a job for 2 years while someone “takes their place”.
  • gwright 6y ago
    I think it is better to reinforce social safety net programs for individuals (unemployment, food stamps, section 8 housing, etc) than it is to subsidize businesses. Businesses can restructure and re-allocate assets through sales, mergers, or even bankruptcy. In particular subsidizing now obsolete business models is madness to me. Help individuals who need help (why did stimulus checks go to people who still had jobs or who were retired?) and make it as easy as possible for businesses to restructure.
    • Karunamon 6y ago
      >why did stimulus checks go to people who still had jobs or who were retired? Because many people who still technically had jobs had their hours drastically cut, and because it's an economic stimulus, not strictly welfare.
• PaulDavisThe1st 6y ago
  The rich may indeed deserve to lose everything ... or not, depending on your perspective. But what's equally important is ... if they are going to lose everything, how much of the social, economic and political infrastructure do they destroy on the way down? It may well be that the era of the mall is over, for example. But malls crashing and burning as the mortgages associated with them fail is very different than a slower process in which there is time to think about repurposing and to give those directly affected to contemplate their options.