Posted: Apr 13, 2020 2:12 am
by gobshite
Thommo wrote:
gobshite wrote:I'm thinking more about the repeated need for bailouts.

I fail to see the relevance, sorry. I struggle to conceptualise any non-pathological socialism based system of government that would not make equivalent efforts to underwrite affected areas of economic activity in response to a pandemic. Something that happens in both cases is not an argument for or against either one.
Red herring. That socialism may or may not likewise bail out an economy says nothing about capitalism's success/failure.