Also frequently hear the same argument made for any change to the thoroughly corrupt healthcare scheme in the U.S.
That any form of socialized medicine would collapse the insurance industries putting thousands out of work and damaging stock portfolios and retirement accounts that may have invested in such. But hey, it’s totally ok to bankrupt tons of citizens and enslave ill folks to lousy jobs because they can’t afford to lose employment-tied insurance that would never be affordable as an individual.
Slaves were already barely profitable compared to paid labor before the civil war, and slave labour prison labour is only profitable because it’s massively subsidized by the US government.
Pretty much exact argument much of the south made about ending slavery before the american civil war happened…
Also frequently hear the same argument made for any change to the thoroughly corrupt healthcare scheme in the U.S.
That any form of socialized medicine would collapse the insurance industries putting thousands out of work and damaging stock portfolios and retirement accounts that may have invested in such. But hey, it’s totally ok to bankrupt tons of citizens and enslave ill folks to lousy jobs because they can’t afford to lose employment-tied insurance that would never be affordable as an individual.
Anything good for is but not thier bottom line: OH HEAVENS NO, THE EXPENSE!
Anything they can profit from: this is essential.
It’s not true then, it’s not true now.
Slaves were already barely profitable compared to paid labor before the civil war, and
slave labourprison labour is only profitable because it’s massively subsidized by the US government.Removed by mod
Same is actually true for most fossil fuel production now - only has profits because of subsidizing.
The folks profiting spend part of that profit to pay for politicians to continue the cycle.