Tag: capitalism

More Welfare for Corporations

A protester holds a stone during clashes with police in Tehran June 13, 2009. Thousands of people clashed with police on Saturday after the disputed election victory of President Mahmoud Ahmadinejad sparked the biggest protests in Tehran since the 1979 Islamic revolution. (REUTERS/Ahmed Jadalla)
A protester holds a stone during clashes with police in Tehran June 13, 2009. Thousands of people clashed with police on Saturday after the disputed election victory of President Mahmoud Ahmadinejad sparked the biggest protests in Tehran since the 1979 Islamic revolution. (REUTERS/Ahmed Jadalla)
Free-market, laissez-faire capitalism has a “risk and rewards” flavour. One gambles capital (money) in the hopes of a profitable gain. The greater the risk, the greater the reward. One might gain immense wealth, or one might lose one’s proverbial shirt.

The government bailouts for corporations and huge bonuses for the already overpaid muck-de-mucks that bankrupted them is an example of the diametric opposite of capitalism.
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