Socialism thrives when capitalism fails to produce jobs.
“Socialism thrives when capitalism fails to produce jobs.”
Lemme harken back to Hayek: what is meant by “capitalism” is simply the way people act when nobody is pointing a gun at their heads. They exchange money, goods, and services among each other as seems best to them.
Taxes, regulations, prohibitions, et cetera, distort “capitalism,” which eventually morphs into mercantilism, and this is what we in the US have had for decades, now. Perhaps a century.
People, left alone, will create jobs. The so-called problems with “capitalism” are actually problems with the distortions imposed upon “capitalism” by government.
Also good to remember that the word “capitalism” is a pejorative invented by leftards to slur the far better system of leaving people alone.