"We Have Capitalism for the Poor and Socialism for the Rich" - Mark Blyth
TRIGGERnometry
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Economic Disparities in Crisis
This chapter examines the widening socioeconomic gaps exacerbated by the 2008 financial crisis, Brexit, and COVID-19, focusing on how ordinary individuals bear the brunt while the elite prosper. It critiques the illusion of economic progress through technology, highlighting the fragility of working-class finances and the government's role in bailing out banks at taxpayers' expense. The discussion underscores the varying impacts of these crises across different geographic regions, illustrating the systemic unfairness in support and recovery measures.
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