capitalism

Out of context: Reply #465

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  • utopian1

    Private haven for wealthy received $2M from small business loan program.

    • Fisher Island, Miami Florida
    • Island Population: 132
    • Average income: $2.5 million
    • Median Home Cost: $2,930,200

    A housing association representing the richest zip code in America was approved to receive a $2 million emergency coronavirus relief loan from the Small Business Administration, despite suffering no layoffs and no apparent financial impact from the coronavirus pandemic.

    https://www.yahoo.com/news/priva…

    • i think you are confusing socialism for capitalism. But I get it.. you want to screw the rich in any economic and political system.hotroddy
    • Is he?monospaced
    • I'm not confused...this is just one of a gazillion examples of how everyday crony American capitalism works in the good oldé US of A.utopian
    • any form of wealth distribution is 'socialism' whether it be to citizen or business. Article is more about corruption which exists in any economic model.hotroddy
    • If you read Miltion freedman you'll understand corruption is more prevalent in large bureaucratic agencies that control money and power.hotroddy
    • It's difficult for Utopian to understand the difference when the resentment towards 'the rich' prevents him from separating the two.hotroddy
    • I think that’s what he’s saying too. Almost like satire. How this capitalist system can capitalize on such socialist measures. You all are on the same side.monospaced

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