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https://www.reddit.com/r/SipsTea/comments/1uyqyix/system_protects_power/oy2p09z/?context=3
r/SipsTea • u/PleasantBus5583 ๐๐๐ • 7h ago
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275
capitalize profits, socialize losses. Welcome to modern era capitalism
edit: i meant โprivatizeโ profits!
2 u/DoobieSpark 1h ago That would be accurate except for the part where the profits are taxed, which makes the profits socialized. 1 u/Hashsum88 1h ago hold my beer 1 u/DoobieSpark 1h ago Chug a lug solves that particular problem. We actually do not live under capitalism because of the restraints put on profits and the various pieces of the pie that must be shared under this system like SS, Medicare, local taxes, etc
2
That would be accurate except for the part where the profits are taxed, which makes the profits socialized.
1 u/Hashsum88 1h ago hold my beer 1 u/DoobieSpark 1h ago Chug a lug solves that particular problem. We actually do not live under capitalism because of the restraints put on profits and the various pieces of the pie that must be shared under this system like SS, Medicare, local taxes, etc
1
hold my beer
1 u/DoobieSpark 1h ago Chug a lug solves that particular problem. We actually do not live under capitalism because of the restraints put on profits and the various pieces of the pie that must be shared under this system like SS, Medicare, local taxes, etc
Chug a lug solves that particular problem.
We actually do not live under capitalism because of the restraints put on profits and the various pieces of the pie that must be shared under this system like SS, Medicare, local taxes, etc
275
u/Hashsum88 7h ago edited 5h ago
capitalize profits, socialize losses. Welcome to modern era capitalism
edit: i meant โprivatizeโ profits!