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Farmer-Rick

(11,538 posts)
1. This is how global capitalism works
Mon Oct 24, 2022, 10:02 AM
Oct 2022

A handful of filthy rich people decide what prices will be. If they get together to decide the price like OPEC and diamond sellers, or if they corner the market on certain commodities like specific drugs, or they have a life sustaining resource everyone needs to survive like healthcare, they can raise prices until most people are using most their money to pay for it.

This is how uncontrolled capitalism works, how it always worked.

I'm sure all true capitalists, trickle-down economists, "free" marketeers, neoliberal cheerleaders, austerity lovers, and supply side economists understand and are very happy with how things are going. It's what always happens with uncontrolled capitalism. Welcome to the 1930s again. Hope the banks don't confiscate all your money.

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This is how global capitalism works Farmer-Rick Oct 2022 #1
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