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Monday, December 16, 2013

Article: Neo-Liberal Capitalism: Privatizing Profits and Socializing Losses | OpEdNews

The use of the word "free' in free-market is a misnomer, and a better phrase that encapsulates this ideology is "privatizing profits [for the too-big-to-fail corporations] and socializing losses". As for the word "liberal', all it means is giving the super-rich the liberty to exploit people without due regard for their human rights, and to pay them poverty wages.

Article: Neo-Liberal Capitalism: Privatizing Profits and Socializing Losses | OpEdNews

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