5 ms·
2008 bankster bailouts was not capitalism. 2020 bailouts of airlines and foreign cruise lines was not capitalism. Capitalism would have let those failures fail
by landemva 5y ago
2008 bankster bailouts was not capitalism. 2020 bailouts of airlines and foreign cruise lines was not capitalism. Capitalism would have let those failures fail and motivated new owners would have picked up the assets at the bankruptcy.
'It's the best protection we have against serious illness'
The best protection each person has is to remove their comorbidities including being obese and having no lung capacity. Maybe eat less and exercise.
'not that any of us have any real choice in that matter.'
Go fix your own machines.
- fragmede 5y agoYour anger is misplaced. I'm not making you fix any machines. Were it up to me, you'd get 3 months vacation pay starting tomorrow, you clearly need it.
- landemva 5y agoIt's my general comment about I no longer consent. Please excuse my tone. Three months... but it's not just the pay. By the grace of God, the genius Satoshi Nakamoto, and my willingness to get in earlier and deeper than most, I now have some agency. https://www.goodreads.com/en/book/show/56049234-thank-god-for-bitcoin https://www.goodreads.com/en/book/show/56049234-thank-god-fo... In some ways, John Galt said and exhibited 'my body, my choice.' https://aynrand.org/novels/atlas-shrugged/ https://aynrand.org/novels/atlas-shrugged/
- Zpalmtree 5y agoAmen brother, stay strong
- Mikeb85 5y ago> Capitalism would have let those failures fail Capitalism wouldn't have shut down borders preventing airlines from taking on passengers. Government action led to airlines taking massive losses.
- hansel_der 5y agohow is an airline entitled to profit from cross-border travel?
- Mikeb85 5y agoCapitalism is about free trade. Airlines grew to their size based on a certain economic condition (free travel between nations). Pulling that out from under them resulted in massive loss of income. It's not about entitled or not. It's about the fact government action directly harmed them, whether or not justified.
- hansel_der 5y agoso the market conditions changed.
- TheGigaChad 5y ago
- wiseowise 5y agoThey didn't. Authoritarian intervention happened.
- hansel_der 5y agothat assesment hinges on the view if the pandemic neccesitated/warranted lockdowns.
- ahoka 5y ago"Capitalism is about free trade." No, it's not.
- Mikeb85 5y agoWay to be pedantic. You're right, strictly speaking it's about investing capital (in the economic sense) in order to profit from it. In practice it's all about reducing barriers to trade whether within or outside a country since every other economic system aims to limit some aspect of economic freedom as 'capitalism' is basically just the natural result of barrier-free trade.
- matwood 5y agoI'm sure an immigrant would love your job and probably do it for less money if we're really talking about unbridled capitalism.
- boppo1 5y agoIt sounds like he wouldn't mind.
- landemva 5y agoIt can be done with time and desire. Learn how to diagnose, cost, repair hydraulic, electrical, diesel, undercarriage, and rebuild stored energy accumulators without injuring yourself. Some of the time will be on oil/gas pads and get your MSHA papers so you can be left by yourself at night fixing a machine where there is no phone service. And use cutting gear and liquid nitrogen safely. It can be done.
- deleted 5y ago[deleted]