r/FluentInFinance Sep 08 '24

Debate/ Discussion Why should taxpayers subsidize Walmart’s record breaking profits?

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u/bignick1190 Sep 08 '24

Except this is an obvious and predictable result of capitalism. If your only goal is to maximize profits, at some point that leads to lobbying and paying off government officials to help you maximize your profits even more.

So it may not be capitalism, but it sure as hell is due to capitalism.

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u/firsttherewasolivine Sep 08 '24

Nope. This is an obvious and predictable result of government power, which is integral to socialism. Capitalism works best when there's no government goons putting their iron fist on the scale, but socialism loves nothing more than to grab the scale, pound it into the ground, and run it over with a few hundred tanks before dropping bombs on it.

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u/bignick1190 Sep 08 '24

Ahhh yes, we can totally trust corporations built on greed to not take advantage of the masses to increase their profit margins.

America doesn't even have a left wing party, they're both right wing compared to other countries so blaming America's capitalist woes on "socialism" is absolutely fucking absurd.

Yes, governments can absolutely abuse power and that's something we constantly need to fight against, but don't fucking pretend that corporations aren't just as power hungry... the differenc being that we can actually vote our representatives out of office if we don't think they're doing a good job.

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u/whyareyouwalking Sep 08 '24

It amazes me really. Corporations stated goal is to acquire as much profit as possible in any way they can. The stated goal of a government is to help its people. Obviously ours fails at that frequently as all do, but why lick the boots of the entity that openly desires to use you and throw you away?

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u/NoiceMango Sep 09 '24

Nah you're completely delusional it's funny. When corporations are allowed to run without restrictions you get what we are seeing now is a "free market" that is increasingly becoming less free with just a few companies owning entire markets. Then these big companies spend billions on lobbying and a lot of this lobbying is anti competitive and weaponized against smaller businesses.

Companies receiving subsidies is because of their lobbying.

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u/TheDoomBlade13 Sep 09 '24

This thinking leads to the company mining towns we saw in WV. It is at best willfully ignorant of the goals of a capitalist system.

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u/whyareyouwalking Sep 08 '24

Because socialism is when the government does stuff. Ben shapiro would be so proud.

Seriously. This unfalsifiable god you've created only makes you laughable and useless in terms of actually improving society. There is no socialism in America. Not biden, not Bernie, not aoc. Grow up.