Comment by eightysixfour
2 years ago
>>> Locally-owned businesses. That's socialism.
>> There is definitely nothing in the definition of socialism that says everything is locally-owned. Moreover, that can be a way to end up with things like Redlining and other institutional racial issues.
I read the OPs post as an example of propoganda (mega corp - capitalism, small company - socialism) not reality.
Same here. It's to display the hypocrisy of those in power who declare things in their favor as beneficial and those that are not beneficial as harmful and bad.
In reality it's almost the opposite, it's bootstrap capitalism for the little guys, and "socialism" and government handouts for the ultra wealthy. (I put socialism in quotes because this term is extremely commonly misused.)