If free market economy capitalism is so great.

[Duncanpup]

Then why do we always have to bail it out when they screw us over their greed.
The depression
Bear sterns
Saving and loans
Covid
Just an observation as I sit on back porch having coffee this morning.

[elleng]

1. because they screw us over their greed.

[betsuni]

2. Unregulated free market economy is a Republican thing.

[sunflowerseed]

3. Lol I think we need a co-op with moderate Republicans! Yep I know the world thinks

I'm crazy! The other way is civil war! We have got to make peace with the moderates!

[Phoenix61]

4. If it really was a free market economy no one,

including corporations, would get bailed out. Each would experience the consequences of their choices. We are an unfortunate mix of free market for individuals coupled with socialism for corporations.
Privatize profits, socialize costs

[uponit7771]

6. +1,

[stopdiggin]

10. much more to the point. -(nt)-

[RocRizzo55]

5. Because

Capitalism is on its death bed. It cannot survive another generation

[multigraincracker]

7. Their religion.....

The Gospel According to John Galt.

Amen, as long as the men are rich.

[RegulatedCapitalistD]

8. Because it's about Rich people

Not protecting the Working Class.

[stopdiggin]

9. Covid?

maybe another cup of coffee ..

[Johnny2X2X]

11. Regulated Capitalism has fed more people than any other system

It is the best system, I am a Capitalist. But it's the idea of regulation around which all the battles are fought. Regulated businesses and taxed rich creates the most opportunity for a society.

What Biden is doing is unwinding Trickle Down economics, he doesn't get enough credit for his stellar record of supporting working people, even here on DU it's barely mentioned, but Biden has done more to rebuild the Middle Class than any President since FDR.

[Duncanpup]

14. Thank you for your post. Yet we have veterans at food banks

[Johnny2X2X]

17. Not regulated enough

We are the richest country in world history, no one should go hungry and non one should be homeless unless that's what they choose.

[Whiskeytide]

12. That's why they think it's great. n/t

[pwb]

13. Coffee on the porch

sounds good. Think I will join you.

[Happy Hoosier]

15. There isn;t really a viable alternative to a merket economy at some level.

Planned economies suck. They misjudge demand, and stifle innovation.

Totally free market economies also suck. They are a never-ending cycle of boom and bust.

We need carefully regulated markets.

[In It to Win It]

16. No one needs to bail out capitalism... but no one is willing to live with the consequences

of not bailing out capitalism.

When markets bottom out, they can recover. It'll be painful for people obviously.

[brooklynite]

19. Its the worst type of economy except for all the others.

Do you have an alternative?