this post was submitted on 11 Jul 2026
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137
"Capitalism is so great that it has to be bailed out by socialism every 4 to 7 years" (piefed.world)
submitted 1 day ago by beep@piefed.world to c/lemmyshitpost@lemmy.world
3 comments fedilink hide all child comments
 

cross-posted from: https://piefed.world/c/shit/p/1254540/capitalism-is-so-great-that-it-has-to-be-bailed-out-by-socialism-every-4-to-7-years

“Socialism for the rich, capitalism for the poor,” ordinary people are expected to absorb every risk created by rampant corporate speculation, while the wealthy get rescued from the consequences of their own decisions, free market ideology demands minimal regulation, personal responsibility, and no government interference right up until banks and corporations crash or investors start losing money, and then public money somehow magically appears through bailouts, emergency loans, subsidies, tax breaks, and government guarantees, the people whose labor actually makes the elite wealthy then end up losing their jobs, homes, healthcare, pensions, and savings and are told that’s simply how the market works, corporate losses get pushed onto the public while their profits remain private, and the same mfrs who condemn welfare for keeping poor people dependent have built an entire economic system where some of the richest institutions on Earth repeatedly depend on the government to save them.

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[–] evadersnack@sopuli.xyz 16 points 1 day ago

Not a shitpost, just a lukewarm take.

[–] Photonic@lemmy.world 4 points 1 day ago

Socialism for the rich and capitalism for the poor

[–] SalamiDommie@lemmus.org 1 points 1 day ago

I think the Jews call this jubilation. And yeah it is a very real concept to what you just described.