--- <s3raphita@...> wrote: > > Re "Capitalist governments shouldn't be bailing anybody out . . . If the government takes the risk out of the equation by offering a bailout, any fool could run a business and risk everyone's investments in it with no lessons learned.:" > > > > Precisely my point. You can argue that we should move towards a more Ayn Rand set-up and get governments off our backs. It's states offering bailouts that has encouraged the banks to take idiotic risks. > > > You could argue the opposite though - financial institutions should come under more strenuous oversight from financial regulators with the state limiting bonuses and having a veto on risky investments. > > > It's the current mixed-economy model that isn't fit for purpose. "Bankers socialism" pisses off everyone. >
The 'capitalistic political system' is the greatest dogma of the 20th century. The 'socialistic economic system' is the second greatest dogma of the 20th century. A 'capitalistic political system' is tantamount to 'corporate dictatorship'. Atleast, 3% percent of the total budget money should be allocated to political parties as political subsidies. These political subsidies should be distributed to parties on vote proportion basis. This will force political parties to take a more centrist position and prevent extreme fringe ideologies from arising.
