Corporate socialism that is: -Drug development funded by the government (taxpayers), profits are privatized -Socializing the mess of banks/hedge funds while trashing the common man in personal bankrupcy -Massive high fructose subsidies for big businesses while denying 60% of first time request for cancer treatment financial assistance Socialism for the owner of capital Ruthless capitalism for average joes
How is drug development funded by the government? Aren’t they private companies?
How do you think a lot of their research is funded? They either get federal grants or tax breaks for research. https://www.ineteconomics.org/perspectives/blog/us-tax-dollars-funded-every-new-pharmaceutical-in-the-last-decade
The private companies recieve grants from the government to develop the drugs, then charge sky high prices for the drugs to consumers is how that one works lol
It is. Also look at the taxes we pay. You pay taxes on your RSU’s on your RSU profit, and then sales tax on that money when you purchase, social security that you never get the benefit off (you get way worse value for your money). I have no clue how people call this country capitalist 😂
And on top of all this shitload of taxes you pay for gov to provide you with services, we still pay Tolls 😂😂. Can you imagine. America was a capitalist country in the past 1920’s ish and that’s when they saw real growth. It’s a dying country now
Because the national motto is "F*ck the poor"?
It's socialism but you never benefit from it.
Crazy this were typed by someone older than 22
I’d say it’s a crony capitalist state just like the majority of the world and the end product is the same as communism - only the politically connected benefit while the workers suffer
this is not socialism. it’s cronyism.
You’re describing something called lemon socialism. Look it up on Wikipedia. Comes from the saying “privatize profits, socialize losses”. Similar to crony capitalism in many ways.
We spend a trillion dollars per year in health subsidies. The money mostly indirectly gets pocketed by those same corporations and hospitals.
“The problem is that we all to often have socialism for the rich and rugged free enterprise capitalism for the poor. That’s the problem.” Martin Luther King. We’ve had socialism for the rich for decades now!
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What do you think is wrong with a kid who got rejected by 9 colleges?
please.. your views is not what reality is. hahaha
Explain to me what reality you live in.
He's explaining things you can observe with your eyes