The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > Article Comments > Coronavirus socialism for the wealthy > Comments

Coronavirus socialism for the wealthy : Comments

By Binoy Kampmark, published 16/4/2020

When capitalism screeches to a halt and starts its old business of killing off the adventurous but weakened, the enterprising but foolish, those who initially benefited, shed tears.

  1. Pages:
  2. Page 1
  3. 2
  4. All
@Binoy

Coronavirus is impacting all the isms.

Its about peoples' bodies not their economic system description.
Posted by plantagenet, Thursday, 16 April 2020 1:47:33 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
On the surface of it ...true.

But dive in a bit, and another story could emerge.

However big or small, business run on debt, with obligations to service the debt.

This is exactly the same story for individuals needing to service mortgage obligations.

The corona virus is a black swan event which needed the government expertise to plan for this. In fact they did, but ignored their own advisors.

It's easy to play the blame game, as it is easy for government failure to be hidden behind treasury decisions geared to cover the failure.

To my mind, this removes a lot of criticism aimed at corporate money grabbing, under the circumstances.
After all, what are Governments for if not to preempt worst case scenarios.

Dan
Posted by diver dan, Thursday, 16 April 2020 4:06:22 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Socialism has failed everywhere it has been tried. It has greatly benefitted many professors, overpaid public servants and woke organisations that tick off the group think of the day. Capitalism has fed greed but at the same time allowed many to go from poverty to riches unlike socialism. Capitalism is by far the worse of the 2 evils. Once all this collapses we will be back to a theocracy with the Only incorruptible One Jesus Christ in charge. I look forward to that day.
Posted by runner, Thursday, 16 April 2020 4:44:32 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Yeah right runner bring on that sharia law. You maniac.
Posted by mikk, Thursday, 16 April 2020 6:15:00 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
I look forward to that day.
runner,
Prepare yourself for the shock, particularly if there is a God !
Posted by individual, Thursday, 16 April 2020 6:17:14 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Binoy, I think even Keynes might be dismayed by the profligate untargetted largesse being shown by the government. Bring back Turnbull.
David
Posted by VK3AUU, Friday, 17 April 2020 8:52:00 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. 2
  4. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy