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"Stay tuned for Part 2"

"Stay tuned for Part 2" | Big Corporations are bad. Stay tuned for Part 2. | image tagged in memes,change my mind,capitalism,big corporations,free market | made w/ Imgflip meme maker
125 views 2 upvotes Made by Jesus_Christ_Super_Star 10 months ago in politics
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6 Comments
1 up, 10mo
Big corporations are bad…she types from her computer or phone, while using some big corporation’s internet and another big corporation’s electricity and then posting it to this (imgflip) big corporation platform.
0 ups, 10mo,
1 reply
Tax 'em, crackdown on tax evasion on 'em too
0 ups, 10mo,
1 reply
So, when we crack down on capitalism, that favors more socialism - taxes.
0 ups, 10mo,
1 reply
There is a difference between capitalism and socialism. Capitalism is when the majority of industries are privately owned, whereas socialism has more government owned industries than private industries. Taxes doesn't necessarily mean a country is going to be socialist.

Just look at Scandinavia. Sure they may have high taxes, but I've been told it's because this is for welfare policies that get the elderly to live for free. Logic says that's not socialism.
1 up, 10mo,
1 reply
That depends on what you're talking about. Economy, industry and free market with government are all different things and are often thrown in together for the ease of understanding.

In the socialist system of national economy the means of production are social property, that is, they belong to the working people in the person of either the socialist State or of the collective farms and other co-operative unions. Consequently, the products of labour also belong to the working people.

The capitalist mode of production is characterized by private ownership of the means of production, extraction of surplus value by the owning class for the purpose of capital accumulation, wage-based labour and—at least as far as commodities are concerned—being market-based.

The rub here lies in the free market - the ability to determine prices without fear of throttling. Your employees wanna get paid more? Fine. Raise prices on the commodoties. Usually this works when it's just one industry or brand. However, when the government intervenes on the scale it did due to global factors in 2020, everyone feels the pinch. In a free market, inflation is unmitigated. All that matters is keeping the percentage of profits at the same levels. Your entire workforce just got a raise because of the government? Raise prices on everything to make up for the sudden deficit. The world recovers and WOW! You don't need to fix the deficit because no one can force you, but no one wants to lose out on money. Companies shouldn't be competing for the lowest cost, we should be competing for the commodity of the highest quality, and they have us doing both. Only get quality if its stupid expensive, but they are cutting all the corners they can to nickel and dime us. 2020 A large Water at McDonalds cost 1.00$ in my town. The cup size got smaller, still called a large and is now 1.50$

If the government can take the burden of health insurance off of companies so we can afford health care on our own and not have to put drain on the companies in a free market, I'm all for it. Socialism all the way in that regard. Only 20% of Americans have half the US economy in assets: Boomers.

Baby boomers control over 53% of the country’s wealth, while Gen X accounts for just over 25% and the silent generation holds around 17%, according to the Fed’s data, which breaks down U.S. wealth in the beginning of 2020 by age, class and race.
1 up, 10mo
"Despite making up the largest portion of the workforce, millennials controlled just 4.6% of U.S. wealth through the first half of 2020, according to data from the Federal Reserve.

Baby boomers control over 53% of the country’s wealth, while Gen X accounts for just over 25% and the silent generation holds around 17%, according to the Fed’s data, which breaks down U.S. wealth in the beginning of 2020 by age, class and race.

While it’s not abnormal for older generations to be wealthier than younger generations — they have had longer to earn money and accumulate assets, after all — the Fed’s data also shows that millennials have far less wealth than boomers did at the same age.

In 1989, when baby boomers were around the same age as millennials are today, they controlled 21% of the nation’s wealth. That’s almost five times as much as what millennials own today."
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Big Corporations are bad. Stay tuned for Part 2.