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this article is so stupid.
None of that is socialism. it's social democracy (aka gentler capitalism) at best. lower rent, lower bills, free buses, and job protections are not "selfish", they apply to everyone.
Whoever wrote that quoted bit is an asshole and fool.
“Tool of the capitalist state” was the first phrase that jumped to mind. “Enemy of the people.” was another.
“Fuck that person” was what I settled upon
As opposed to what? The ultra wealthy’s narrow self- interest?
Aren't all of those things the common good? It is not my, my, my... It is our, our, our.
I agree, yet another economist L
Fuck that article so much.
And what form of retail politics predicated it? Oh that's right, a type of politics for the narrow self-interests of <1% of the country. Lower my taxes! Cut me a tax break for my private jet! Give me a bail out! Protect my company!
We had this in Germany and it worked, until they invented "new social democracy" which is just no social democracy.
social democracy's inherent weakness is that it's still capitalism, so capital is always trying to undermine it
It's an Economist article. They write from the perspective of capital owners. Of course they're going to belittle socialist ideas, because they present a threat to their wealth. If they were smart they would support social democracy in order to preserve the capitalist system, but American capitalists are arrogant and shortsighted.