The US Government and Federal Reserve destroyed capitalism. They together act as the central planner of the economy diverting capital where they see fit through monetary and fiscal policy. Until recently the Fed had diverted capital into the stock market away from the real economy, this has changed slightly but the damage is done. Corporations that spread unprofitable globohomo propaganda are allowed to live because low interest rates allow endless debt accumulation to buy back/prop up share prices. Then if there is a problem and that debt cannot be paid they are bailed out. The Fed is propping up the Government, allowing it to endlessly borrow with low interest rates. This means endless wars to spread globohomo and more and more social programs for poor immigrants/refugees. This isn’t capitalism. Capitalism would see unprofitable corporations fail. Capitalism would see governments borrowing at interest rates determined by supply and demand. These bankers are quite clever, they broke capitalism but now blame it for all the problems they caused by perverting it.
The US Government and Federal Reserve destroyed capitalism. They together act as the central planner of the economy diverting capital where they see fit through monetary and fiscal policy. Until recently the Fed had diverted capital into the stock market away from the real economy, this has changed slightly but the damage is done. Corporations that spread unprofitable globohomo propaganda are allowed to live because low interest rates allow endless debt accumulation to buy back/prop up share prices. Then if there is a problem and that debt cannot be paid they are bailed out. The Fed is propping up the Government, allowing it to endlessly borrow with low interest rates. This means endless wars to spread globohomo and more and more social programs for poor immigrants/refugees. This isn’t capitalism. Capitalism would see unprofitable corporations fail. Capitalism would see governments borrowing at interest rates determined by supply and demand. These bankers are quite clever, they broke capitalism but now blame it for all the problems they caused by perverting it.
If you think voluntary exchange can't exist in reality, but central planning can work, then you are fucking retarded lol
I disagree with the idea that corrupt capitalism can be justified.
Real capitalism has never been tried.