- Joined
- Jul 19, 2011
- Messages
- 28,154
- Points
- 113
American capitalism has entered a new and dangerous phase, one in which the Federal Reserve has assumed the role as a financial backstop and lender of last resort to every major corporation, along with the banks and investors that provide them with capital.
America is not the bastion of capitalism but the bastion of exploitation.
https://www.washingtonpost.com/business/2020/04/30/socialism-investors-capitalism-everyone-else/
America is not the bastion of capitalism but the bastion of exploitation.
https://www.washingtonpost.com/business/2020/04/30/socialism-investors-capitalism-everyone-else/