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by Phil_Latio
954 days ago
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When you manipulate the playing field to give you an advantage, it's not a competition. The idea that companies or whole nations "compete" by lowering wages/taxes, will destroy capitalism. We can already observe the bad effect: The company sector has become a net saver in most western countries, while tax-cut proponents claim, companies will invest more with lower taxes. It's a lie. The role of the company sector is to make debt and invest. If that's not the case anymore, someone else has to make the debt instead. Which is the government. How is that still capitalism? |
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