Capitalism is a supreme economic system but the current system is not a pure capitalist system. Instead it's a system of socialism for the rich and capitalism for the poor and middle class.

Capitalism is a supreme economic system but the current system is not a pure capitalist system. Instead it's a system of socialism for the rich and capitalism for the poor and middle class.<br><br>There's this fallacy that the right-wing is trying to promote that it's socialism vs capitalism. In reality, they've been promoting a system of socialism for the rich through a variety of bailouts and policies designed to socialize the loses and privatize and capitalize the gains. If they would really privatize the loses of the wealthiest and biggest corporations then that would be different. But if we give bailouts and policies designed to benefit the wealthy and big corporations through socialism for them but impose capitalism on the poor and the middle class by giving them a мнеастьба fate, that's not fair for everyone.<br><br>Capitalism is a supreme economic system but the current system is not a pure capitalist system. Instead it's a system of socialism for the rich and capitalism for the poor and middle class.