Posted: Apr 13, 2020 2:12 am
Red herring. That socialism may or may not likewise bail out an economy says nothing about capitalism's success/failure.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.