This video is an essential distillation of how capitalism is actually supposed to work.https://twitter.com/ndrew_lawrence/status/1248398068464025606 …
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Colm MacCárthaigh Retweeted Andrew Lawrence
This video is an essential distillation of how capitalism is actually supposed to work.https://twitter.com/ndrew_lawrence/status/1248398068464025606 …
Colm MacCárthaigh added,
Though I'm not convinced the argument the guy is making is a sound one, because there's likely a much bigger shock to the labor force than this guy is suggesting
The better argument for how capitalism should work is that there should be a bailout in exchange for equity
Something that makes me irrationally angry is that in the US the major leagues have rules that say teams can't be publicly owned (except the GB packers). Which means publicly funded support like stadiums can't be traded for equity by design. Sickeningly corrupt.
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