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Its capitalist if the government handouts are only available to people with a considerable amount of capital, which is the case in the article. Is it a failure
by leothecool 5y ago
Its capitalist if the government handouts are only available to people with a considerable amount of capital, which is the case in the article.
Is it a failure though? I'm amazed I need to say this on HN, but that depends on the KPIs you choose to use to evaluate the capitalist aspect of this particular tax policy. If the goal is that the rich get richer, its a capitalism success. If the goal is that everyone in society gets more leisure time and increased quality of life, it looks like a failure to me.