0 sats \ 1 reply \ @Eximpius 26 Feb 2023 \ parent \ on: Late Stage Capitalism? We're just getting started! bitcoin
Another good indicator that you are not in true Capitalism, is Bail-outs and shit like that too. Bail outs are impossible under capitalism. Well, I wouldn’t say it’s impossible, but the government or central authority wouldn’t be involved. It would take something like a crowd sourcing with everyone that has capital for it to happen.
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0 sats \ 0 replies \ @tomlaies OP 26 Feb 2023
Agreed. Companies would behave much better if their actions actually had consequences. The bailouts in 2008 were a huge mistake in the long term.
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