Pages

Saturday, November 9, 2013

Socialism The Carrot, Crony Capitalism The Stick

 Credit: Cop Spike Project on Facebook

In 1848, in Italy, the Austrian overlords joined forces with bourgeoise militias to suppress a popular uprising. Things turned out pretty much the same across Europe. 

One of the results: the birth of the welfare state. Socialism is the panacea for the masses in a crony-capitalist state. 

Companies like Walmart have no motive to pay workers higher wages, if they can turn to government to supplement workers' income through socialized services. So it is quite easy for megacorps to maintain low prices, low wages, and to call out the official militia.

No comments:

Post a Comment

Thanks for your comments, suggestions, and ratings.