outsourcing the losses
August 20th, 2008 by 
bkmarcus
In his article, “Nixonian Socialism,” Murray Rothbard defined economic fascism as “an economy in which big business reaps the profits while the taxpayer underwrites the losses.”
That definition was already damning to our current system of political capitalism well before the PTB started bailing out all these government-business “partnerships.” I’ve added this cartoon to my definition of fascism. I doubt the artists realized the economic history behind their astute joke.
Posted in comics, culture, economics, history, language | 
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