⬆️ @AlexanderKingsbury @PatrickoftheG

>> When there is any regulation, the executive branch either shuts down or severely kneecaps the enforcing agency (e.g., #EPA, #FCC, #CDC, … the list goes on), the legislative passes laws that obscenely benefit the rich & disproportionately tax the poor, and the judiciary #SCOTUS interprets laws favoring the #billionaires.
#EatTheRich

Great video listing examples of #unregulatedCapitalism— #crypto, #AI, #media (#Ellison)… on and on

https://www.youtube.com/watch?v=HPz6qScZzs0

@rameshgupta @PatrickoftheG

"I don't know if you've looked at the #UnitedStates, which is replete with examples of #unregulatedCapitalism. "

Should be super easy to point out a specific example, then. Just one.

⬆️ @AlexanderKingsbury @PatrickoftheG

I don't know if you've looked at the #UnitedStates, which is replete with examples of #unregulatedCapitalism.

When there is any regulation, the executive branch either shuts down or severely kneecaps the enforcing agency (e.g., #EPA, #FCC, #CDC, … the list goes on), the legislative passes laws that obscenely benefit the rich and disproportionately tax the poor, and the judiciary #SCOTUS interprets laws favoring the #billionaires.

#EatTheRich

@rameshgupta @PatrickoftheG

"It is #unregulatedCapitalism that is the real problem."

I see a lot of people saying this. I always ask them to point to an example of unregulated capitalism causing real problems right now.

Oddly, there never seem to by any examples. Like...ever.

⬆️ @PatrickoftheG

>> …ccapitalism goes on that list too, and I think is that work here more than the others.

It's not #capitalism by itself.

It is #unregulatedCapitalism that is the real problem.

Pure #laissezFaire, with no government oversight, together with the government actively exempting the rich from taxes at the expense of greater good of society as a whole compounds the problem, and it contributes to income #inequality.

Look at #Finland, #Sweden, and #Norway for a contrast with #US