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>It makes exactly as much sense for all three cases. "Capital Owners" have no desire for price transparency (2019), Covid stimulus (2020) or most other things c

>It makes exactly as much sense for all three cases. "Capital Owners" have no desire for price transparency (2019), Covid stimulus (2020) or most other things congress does You are still assigning unfounded assertions to the capital class? The capital class has no desire for COVID stimulus? Why? Did you not see the stock market completely shit itself in September - and every economist saying the only way out was a stimulus? Likewise price transparency? I assume you are talking about healthcare; but corporations also have an interest in reducing healthcare costs as for most of the Forbes 500, health insurance is a massive HR cost. “Price transparency” is the same neoliberal concession for a country who’s working class desperately needs public healthcare. It doesn’t meaningfully change the situation for working class individuals What you are doing is treating the capital class like some evil boogeyman instead of a motivated class of individuals looking to protect their wealth from institutional redistribution. I’m talking about corporate regulation, protections for unions, and most well funded social programs. Reducing a well researched phenomenon to “blaming capital owners that my pizza is late” is profoundly myopic

mindslight 4y ago
> a motivated class of individuals looking to protect their wealth from institutional redistribution You are giving way too much credit. They're not on the defensive of protecting their wealth from "redistribution", but rather on the offensive of extracting ever more wealth away from those in the productive economy. Economically, this is done via printing new money and financializing the lives of the plebs. "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." This quote is usually levied at voters personally, as a condemnation of social programs - the same induced "culture war" to distract from the grownups' looting. The quote is actually much more applicable to politicians (of both costumes) promoting the policies paid for by big capital, which has consistently succeeded at getting itself ever more corporate welfare - stock market bubble, housing bubble, healthcare trainwreck, defense spending, covid giveaways, etc.

mindslight 4y ago

> a motivated class of individuals looking to protect their wealth from institutional redistribution You are giving way too much credit. They're not on the defensive of protecting their wealth from "redistribution", but rather on the offensive of extracting ever more wealth away from those in the productive economy. Economically, this is done via printing new money and financializing the lives of the plebs. "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." This quote is usually levied at voters personally, as a condemnation of social programs - the same induced "culture war" to distract from the grownups' looting. The quote is actually much more applicable to politicians (of both costumes) promoting the policies paid for by big capital, which has consistently succeeded at getting itself ever more corporate welfare - stock market bubble, housing bubble, healthcare trainwreck, defense spending, covid giveaways, etc.