Western capitalism is dying and more people than in a long time are starting to question it. But if Reaganomics hadn't come along, if everything hadn't been deregulated, if taxes on the mega-rich had been kept at a smart level and most people were somewhat comfortable. Would capitalism be crumbling as it is now?

What if Reaganomics coming along and emphasising everything bad about capitalism ends up being the start of what causes everyone to lose faith in it?

    • hogposting [he/him,comrade/them]
      ·
      4 years ago

      every time those barriers are put down capitalists gouge it out to make room for- you guessed it- more profit

      In short: if Reagan and Thatcher hadn't come along and fulfilled that role, someone else would have.