Month: April 2020

I agree with this article as it defines the impact of American Corporate Welfare Capitalism

Worker cooperatives present themselves as a better alternative way to organize enterprises: factories, offices, and stores, private and public
Graphic by OpturaDesign/Shutterstock.com

Capitalism Can’t Be Repaired, Coronavirus Shows Its Huge Weaknesses By Richard D. Wolff April 27, 2020

I agree with this article as it defines the impact of American Corporate Welfare Capitalism that is essentially non-competitive in how it manifests in this country pretending to support a free market.

“Consider this absurdity: The U.S. government’s policy in the face of the current capitalist crash is to ‘return the economy to the pre-coronavirus normal.’

What?

In that ‘normal’ system, private capitalists maximized profits by not producing the tests, masks, ventilators, beds, etc., needed when coronavirus hit. Profit-driven capitalism proved extremely inefficient in its response to the virus.”