Socratic Citizen

Ep. 25: The Billionaire's Waltz


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People often confuse "free market" with "what's good for big business." But these are rarely the same thing. Most of the time, big businesses engage in regulatory capture, which means they get to write the rules of the game--they get to decide what "deregulation" means, and very often it means that big business gets all the advantages, gets to decide who owns the best property. Ukraine is a perfect example demonstrating this--and I think it's also at work in the COVID pandemic; while 7 million Americans face eviction after December 31st, 29 new billionaires share with their billionaire friends the $1 trillion in spoils to come out of the year 2020.
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Socratic CitizenBy Socrates the Younger