To add on were not even capitalists anymore its basically corporate welfare and socialism. Why tax a net loss company that just made billions this year. If they ever fail like covid the government will bail them out.
Socialism is when the workers directly own their workplaces. While there are strains of socialism that view government ownership of businesses as an indirect form of worker ownership, they only view it as socialism if the government also abolishes the profit motive from those businesses.
Corporate welfare is a form of state/planned capitalism. Private ownership, profits and internal organizing; with the state being the main (or only) customer and also the party that takes on all the risks.
To add on were not even capitalists anymore its basically corporate welfare and socialism. Why tax a net loss company that just made billions this year. If they ever fail like covid the government will bail them out.
Socialism is when the workers directly own their workplaces. While there are strains of socialism that view government ownership of businesses as an indirect form of worker ownership, they only view it as socialism if the government also abolishes the profit motive from those businesses.
Corporate welfare is a form of state/planned capitalism. Private ownership, profits and internal organizing; with the state being the main (or only) customer and also the party that takes on all the risks.