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the coronavirus pandemic devastated small businesses
originally posted by: ChaoticOrder
a reply to: ColeYounger
the coronavirus pandemic devastated small businesses
No... our reaction to Covid-19 has devastated small businesses, nothing else. In Australia, more people die from car crashes than Covid-19, yet we still have some of the strictest lockdowns in the world and countless small businesses have been devastated. Countless people now have their entire future shattered and uncertain... and in the mind of control freaks all this pain and suffering was worth it.
originally posted by: JinMI
a reply to: Brotherman
Trickle up economics!
originally posted by: Yongpengsun44
This is why I will never buy Pfizer shares. They always rip off the little guys.
originally posted by: ChaoticOrder
a reply to: TzarChasm
I'm pretty sure the government dictating what businesses can and cannot stay open is not how capitalism is supposed to function. I'm pretty sure endless free money is not a real solution to inequality despite what socialists think. I'm pretty sure the economic system we live in right now has no resemblance to free market capitalism. Yet people demand more of the same things which got us into this problem... like I said the world is screwed.
originally posted by: ChaoticOrder on Aug, 14 2021
I've written quite a few threads about the benefits of capitalism and the flaws of excessive socialism, but it recently occurred to me that I've never really explained the flaws in capitalism, and why I believe those flaws are preferable to the ones found in socialist systems. One of the primary reasons I have a deep disdain for the fearmongering around Covid-19 is because of the economic damage it is doing to small and mid size businesses, the types of businesses that have always been the heart of western economies. As the smaller businesses fail they are being replaced by massive monopolies which are making record profits.
This shows us the first glaring flaw in capitalism, the formation of monopolies, and the ability for the people who make laws to give unfair advantages to some businesses and not others. However I would point out that heavy socialism or full blown communism is an even more insidious form of centralized monopolistic systems which control every aspect of our life. I would also ask the question, which political ideologies are most responsible for the creation of these monopolies during the pandemic?
The intrinsic necessity of capitalism