Originally Posted by
Private jet
Yes, but remember that capitalism can't be for the poor by it's very definition, which most people don't understand. Capitalism basically means those with wealth, in other words capital, using that wealth to make more, with minimal effort from them and maximum effort from others. It has nothing to do with the fantasy of working hard to become successful . That is a lie that has hung over from when it was promulgated in the Thatcher/Reagan era.
Sorry, but what a load of crap. You have no idea what you are talking about.
In a free market you have the right to be a Jeff Bezos, or be the beggar that asks for change at the corner bar. Liberty gives you the right to chose, not everyone chooses hard work.
And those who put up the capital are putting up all the risk. If the company goes tits up, they stand to lose the most. Workers just lose their job, which is better than losing all your money.
That is why these bailouts are most certainly not capitalism and free market driven. It is state owned socialism, and should be labeled as such. If you remove the moral hazard then you are removing a critical component of free markets.
You can succeed if you take risk and devote everything to your goal. But most that take that risk end in failure. Which is why most people opt for careers as workers, like us pilots.