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DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Austerity policies and th... » Reply #31

Response to Mc Mike (Reply #10)

Wed May 23, 2012, 07:45 PM

31. That's the way it usually works .........

in this country anyway. The government actually FUNDS the researches that they subcontract to a private company and GIVE the patents to that company. That's a pretty sweetheart deal for the capitalists. But it's no different from the banks benefiting from the government insuring mortgages against foreclosure. The banks take VERY little risk and reap the profits. It's a fucked up system all around.

Yeah I'd like to see that coalition tried out. BUT the Euro countries would have to nationalize the hard assets and confiscate the liquid assets of the Euro capitalists for it to work.

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HiPointDem May 2012 OP
ananda May 2012 #1
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Egalitarian Thug May 2012 #5
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socialist_n_TN May 2012 #9
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LineLineLineLineReply That's the way it usually works .........
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