Capitalists: we don’t need welfare, charities can take care of those in need.
Also capitalists: it’s not my fault my employees are homeless, they should have made better choices.
We already know what unchecked capitalism looks like, it’s company stores and families buried under endless debt. This leads to things like the great hunger in Ireland where the island is literally exporting 10x the food it’s citizens need to survive while they starve in the streets.
I don’t think it would be a problem to do it, but I do think it’s a problem that profitable private businesses are subsidized by welfare budgets and food banks.
At that point might as well nationalize the business, because the government is paying their employees anyway.
Capitalists: we don’t need welfare, charities can take care of those in need.
Also capitalists: it’s not my fault my employees are homeless, they should have made better choices.
We already know what unchecked capitalism looks like, it’s company stores and families buried under endless debt. This leads to things like the great hunger in Ireland where the island is literally exporting 10x the food it’s citizens need to survive while they starve in the streets.
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I don’t think it would be a problem to do it, but I do think it’s a problem that profitable private businesses are subsidized by welfare budgets and food banks.