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The government, especially since WW2, has increasingly designed its operations to subsidize something for the public and then allow private operators to extract
by tehjoker 5y ago
The government, especially since WW2, has increasingly designed its operations to subsidize something for the public and then allow private operators to extract whatever wealth from that regardless of the costs to the public.
For example, research is paid for by the public, but then the products that affect people are completely captured by monopolists and spooned out in such a way to make sure only the monied sections of the population get them until the public protests enough to create a program like medicaid.
If we paid most of the cost, we should get most of the benefit. The monopolists should be happy to make any money at all, not their superprofits. Fair right?
- jjtheblunt 5y agodid you say "monopolists" when meaning "capitalists"?