Showing posts with label plunderin the public purse. Show all posts
Showing posts with label plunderin the public purse. Show all posts

Wednesday, 8 April 2020

The Illusion.

 
 
     What a strange phase capitalism is going through, always the call for less state interference in the market, let the corporate bosses rule and everything will be alright. Now in one of the biggest crisis to hit capitalism, this pandemic, and the hands of the corporate beast are stretching out for the state to bail them out and save the shareholders from losses. Across the developed world countless trillions are being thrown at big business to prop them up, and a pittance being sprinkled among the ordinary people. Another alien thought to the capitalist mind that is being floated, the state could buy up shares in failing businesses to get them on their feet again, then when they start to make a profit, sell them back to the shareholders. Everything must be done to save the shareholders and financial institutions from losing too much of their ill gotten loot.
 

     All this is floated as trying to save jobs to help you and me. They know we are just desperate to get back to miserable wage slavery to ensure our bosses can live in the luxury to which they have been accustomed. Perhaps we could keep all these jobs going not by the state buying into failing businesses with tax payers money, but us the ordinary people simply taking over all the business and running the ones we deem necessary as non-profit entities on a co-operative basis. That way we wouldn't need to bother about the parasitical shareholders and their lavish life styles. They could eat their luxury yachts. 
    We will be hit time and time again, us, the poor, the struggling, the ordinary citizen, with demands to use taxpayers money to bail out the rich and powerful as long as we tolerate this insane system of capitalism. History tells us that it lurches from crisis to crisis, each one worse that the previous, and the answer is always the same, we tighten our belts so that the rich and powerful can hold on to their wealth and power. "When will we ever learn"

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