Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

socialist_n_TN

(11,481 posts)
8. RE: small businesses..........
Mon Jan 9, 2012, 11:55 AM
Jan 2012

and I'm talking about TRUE small businesses, not just "name only" small businesses, just think about how many individuals and co-op situations could be set up if nobody had to worry about health care concerns, i.e., if everybody had Medicare for All. And that's just ONE example of a socialist type of "general welfare" program benefitting the general populace in MORE THAN ONE WAY.

Then you could add in direct government loans and grants to individuals and groups wanting to start up a business. IOW, direct government support for PEOPLE rather than capitalistic enterprises. I've never been able to figure out why the government gave discounted money to private banks to loan to people for business start ups (or school loans for that matter-same principle), then guaranteed those loans, yet gave the profits of those loans TO the private banks. The banks under this system took no risk and yet reaped the profits.

Latest Discussions»Retired Forums»Socialist Progressives»I'm sick of the misconcep...»Reply #8