It’s laughable that socialism is still a bad word in the US, while the largest corporations basically rely on it. Not only do they get handouts directly from the federal government, but they pay less than poverty wages with the explicit model that their workers will supplement their incomes with government assistance.
Wal-Mart, for one, has also done this for years.
It’s laughable that socialism is still a bad word in the US, while the largest corporations basically rely on it. Not only do they get handouts directly from the federal government, but they pay less than poverty wages with the explicit model that their workers will supplement their incomes with government assistance.
But profits remain privatized.