Wall Street loves socialism for bankers – but not for ordinary people

https://www.theguardian.com/commentisfree/2019/apr/08/wall-street-socialism-jpmorgan-jamie-dimon-bailout

by drugme • 7 years ago

57 11 7 years ago

joncp• 7 years ago

Everyone wants socialist benefits for themselves and free-market benefits for everyone else.

meko• 7 years ago

I just want democratic control of the workplace and a severe reign in, if not elimination of private ownership of businesses and the tools and space used in the operation of those businesses. Putting unions in charge would be one way, but our model of how unions work and the legal frameworks around them would need some improvements.

duxup• 7 years ago

We all have excuses why we should get those benefits.

Sadly people often afford others none of those excuses.

eesmith• 7 years ago

While I see the humor, I want universal public health care, which means I do want socialist benefits for everyone.

TorbjornLunde2• 7 years ago

Socialism means that the workplace are owned and controlled by the workers. You can still have a marketplace of such workplaces.

There are forms of socialism that do include a free market (i.e. left-wing market socialism, etc…)

tuesdayrain• 7 years ago

Socialism means that the workplace are owned and controlled by the workers.

I always thought this was communism, and that socialism roughly means the workplace is owned by the government.

mcv• 7 years ago

Everyone wants socialist benefits for themselves and free-market benefits for everyone else.

I don't. I'm fine being self-employed and handling all my own stuff, but I do want the poor of the world to get more of the opportunities that I enjoy.

papermill• 7 years ago

Just like congress likes pensions, government healthcare and yearly raises ( voted on by congress conveniently enough ) for themselves but not for ordinary folks.

It's strange how the elites want the best for themselves but not for the masses.

Money for me, none for thee. Rules for thee, none for me. It's good to be king.

throwaway190102• 7 years ago

Actually they have it rigged so that they get a raise every year, unless they vote not to.

Though I'm not sure how you imagine congress could give anyone else a raise, or a pension aside from government employees.

maceurt• 7 years ago

To get to the top you have to in some way be competitive. Many of these people are hyper competitive, and while it is great in many ways, it sucks because it makes a person always want more. They don't want poor people to be poor, they just want to have more money than their other peers.

Wall Street loves socialism for bankers – but not for ordinary people

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