Tainari88 wrote:Hmm. The issue with Shapiro is that the risk that the poor capitalist takes and he is the poor one who takes the risk and has to go bankrupt if the pencil factory doesn't make it? You mean like that bailout handed to the huge corporations to take away the risk factor and have the taxpayers pay for the risk? Socialism for the corporations and rugged go out and compete for a job on a long unemployment line worker for the worker? Rugged capitalism and individual cutthroat compete for a bad job for the workers?
First, thank you for actually watching the video and making a thoughtful response.
Very fair point about the corporate bailouts. But you also have to understand that when Obama/Bush bailed them out, they saved a huge number of jobs for ordinary workers too. What was a better alternative? Let the corporations go bust and have millions unemployment and pay them while they do nothing and can't get jobs for a long time?
No Unthinking. Ben Shapiro is an asshole.
Sometimes he is an asshole, like his horrible takes on transgender people.
This pandemic is very stark. THe army of workers out there doing the deliveries, stocking the supermarkets, working on cars and trucks, keeping the restaurants going, and everything else involved in health care and essential services is about what keeps the economy going. They don't work or produce? Guess what? There isn't any economy worth having. It is the people consuming what other people produce. Period. That is it. If they want to not pay anyone for their work the system doesn't work. There is nothing for anyone to live off of.
I actually think the economy is a partnership between the employers/capitalists and the workers/mass consumers. The economy wouldn't work without either, which is why both exist. You need money and equipment/facilities, you need managers, you need employees, you need people buying stuff.
The money they magically did not have when everyone was going to work for a living? Is somehow found to bail out forced unemployment of 40 plus million workers. Oh my, no money they had for them while working and paying taxes that the too big to fail people raided to save their own asses but somehow the pockets are empty for the workers struggling. Because the workers are not producing the goods. The almighty capitalists are shouldering the risk. No they are not.
I think in the USA the system is out of whack, big-time. It favours the capitalists far too much. In my country it is more to the left economically, and it works out better as there is less inequality and free health care and highly subsidized education etc, but there is still corruption and lobbying and tax havens for the rich which are unfair. I think you need to balance the social and economic welfare of the masses of workers with the ability of capitalists to make money in order to spur investment and entrepreneurship. In my country about 50% of income or more goes to the government via taxes if you make healthy 6-figure income or higher as a small business owner(though the very rich use tax havens). Much more than that and you start killing the incentive to operate a business if almost all goes to the gov. I'm a tad left-of-center economically, some may call moderate.
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All of a sudden these pro-Palestinian campus protestors gladly support illegally occupying land that doesn't belong to them, and enforcing checkpoints, blockades, and ethnic apartheid. Some of them even openly support genocide.