Adam Smith, the primary theorist behind free market capitalism, said it could only exist "within an ethical context." Milton Friedman, the primary architect of free market fundamentalism, said it was only safe if we provided a UBI. 1/2

Feb 21, 2023 · 10:36 AM UTC

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Even they saw that without ethics and care for people, unfettered, deregulated crony capitalism would become a sociopathic phenomenon. And they were right. It has. 2/2
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Replying to @marwilliamson
ubi is a total nonsense
Replying to @marwilliamson
There's no such thing as a "free market". It is a hand-me-down illusion because big institutions & corporations didn't exist with Adam Smith. The "market" is about money. More money wields control. Hence it's a controlled market. If it were free we wouldn't need a FED to fix it
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Replying to @marwilliamson
I genuinely think you're a smart person I will always say that. but you think we are a capitalist society we are not I assure you we are a fascist country. general smedley Butler pointed that out in the thirties. Obamacare fascist vaccine mandates fascist bank bailouts fascist
Replying to @marwilliamson
Communism is neither ethical or fair, it leads to misery, poverty, shortages, and gulags. Socialism is just a deceptive term used by Communists.
Replying to @marwilliamson
Capitalism is a failure when it prevents people from accessing their basic needs for survival. Clean water, safe/affordable shelter, safe/healthy food, education, etc. The basic needs are not being met due to cost alone, and that's why it needs to be controlled and regulated.
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Replying to @marwilliamson
You still won’t answer the question…how do you pay for all your giveaways???
Replying to @marwilliamson
💯👍🏻✅
Replying to @marwilliamson
So what we know is that capitalism has been bastardized by unethical leftist politicians. Good internet search though, it proves you can use google, but not that you understand economics. I can google shit too.
Replying to @marwilliamson
"The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries." Winston Churchill
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