Just wondering.
Considering the state intervention in the financial markets does this not mean that capitalism has been a resounding failure, or is capitalism only relevant for the benefits of the rich when things are going well?
Seems to work off the pretence of when times are good, its all about the money for the bigwigs, but when times are bad we all have to muck in to "bail" the country out. Governments hide behind the whole (our country needs the rich) when letting them do business with ridiculous tax breaks, is there any way to address this so our country is not constantly relying on the working class to prop up its finances!
With the U.S. government also bailing out select private industries for the greater good, is it not obvious that there are major flaws that need to be addressed? Will regulation really work or will it just simply be put in place for a year or so until those in "power" (the money men) decide that we are over regulated again!!!
Considering the state intervention in the financial markets does this not mean that capitalism has been a resounding failure, or is capitalism only relevant for the benefits of the rich when things are going well?
Seems to work off the pretence of when times are good, its all about the money for the bigwigs, but when times are bad we all have to muck in to "bail" the country out. Governments hide behind the whole (our country needs the rich) when letting them do business with ridiculous tax breaks, is there any way to address this so our country is not constantly relying on the working class to prop up its finances!
With the U.S. government also bailing out select private industries for the greater good, is it not obvious that there are major flaws that need to be addressed? Will regulation really work or will it just simply be put in place for a year or so until those in "power" (the money men) decide that we are over regulated again!!!