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thepiaz.bsky.social
thepiaz.bsky.social
@thepiaz.bsky.social
2 months ago
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Teachers strike over healthcare. The 'solution'? More public money for private insurers. When will the endless subsidy cycle break? #PublicFundsPrivateProfits

Read more: piaz.news/article/the-inevitable-c...

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Patricia Bastos
Patricia Bastos
@patmat.bsky.social
5 months ago
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Myth #4. “Wealth trickles down.”

Reality: After half a century of this experiment, the wealth didn’t trickle down — it flowed upward. Inequality widened while workers’ share of prosperity collapsed.

#LegalizedCorruption
#MythsOfCapitalism #PublicFundsPrivateProfits

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Patricia Bastos
Patricia Bastos
@patmat.bsky.social
5 months ago
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Myth #3: Capitalism self-regulates through competition.

Reality: Without strong regulation, monopolies, exploitation, and unethical practices thrive. “Competition” often collapses into market capture and lobbying power.

#LegalizedCorruption
#MythsOfCapitalism #PublicFundsPrivateProfits

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Patricia Bastos
Patricia Bastos
@patmat.bsky.social
5 months ago
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Myth #2: Capitalism rewards hard work and merit.

Reality: Wealth accumulation in capitalism depends more on ownership and inheritance than effort or talent. Productivity gains rarely translate into fair wages for workers.

#LegalizedCorruption
#MythsOfCapitalism #PublicFundsPrivateProfits

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