Banks and big corporations can't seem to go 2 weeks without needing to be bailed out. Why are we bailing out these people anyway? Isn't the whole point of the economic competition? How are we suppose to have, say, better and faster internet if Comcast keeps getting bailed out?
"a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole." Aka no private property everyone owns everything or in most cases it's the gov that owns all
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Economics, meaning the cost of production, distribution, and exchange. If people couldn't own things, distribution and exchange wouldn't be counted among them because trade wouldn't be a factor.
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