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> Progressive taxation and subsidies are completely within the realm of capitalism They are not. They make social democracy. A transition system from capitalis
by unity1001 4y ago
> Progressive taxation and subsidies are completely within the realm of capitalism
They are not. They make social democracy. A transition system from capitalism to socialism.
https://en.wikipedia.org/wiki/Social_democracy#Political_party https://en.wikipedia.org/wiki/Social_democracy#Political_par...
It was literally developed by socialists (in late 19th century it meant the same with 'communist') and advocated in the First Socialist International at the end of 19th century. To top that, it was the president of the first socialist international who revealed the new system. Every single plan and method that you equate with 'capitalism' above, comes from that advocacy.
In the cold war era when Western countries were also using social democracy, the cold war propaganda allowed people to get self-deceived into thinking that all of those were the fruits of capitalism. But Reagan & co knew what was what. They spent no time in discarding all those pesky socialist practices and bringing back good old fashioned capitalism. The dystopian hellhole that you are experiencing today is capitalism itself.
Well, obviously there is still some ways to go until child labor, 14 hour workdays, total removal of labor protections, abolition of weekend vacation, social security etc are completed, but hey - they sure will get rid of those pesky socialist stuff in no time.