FACT CHECK TIME!
(Note: We have already responded once to this, so go check that out first, but we thought we would do a fact check here as well)
Firstly, neoliberalism has nothing to do with capitalism since it’s been around way before this ideology came around, and there are plenty of capitalist countries that are not neoliberalist, such as Greece, Turkey, Singapore, South Korea, Switzerland, Monaco, North Macedonia, Russia, the Philippines, Thailand, Indonesia, the Maldives, the UAE, and a lot more. Secondly, how do you know that the socialist and communist governments in the world are not going to do the same thing? In a socialist government, they are the monopoly and we have to put all our trust in them, putting us at their mercy, which ends poorly a lot of times as the government has too much power over the economy and how it’s run. Now am I saying that capitalism doesn’t have its problems either? No, but unlike a socialist government, a capitalist government has often times held companies accountable for any exploitation and harmful actions done to the public time and time again, and corrupt government officials are also called out for their crimes too, holding them accountable. Best of all, privatization allows freedom for every person to own things and to own property and to own the things they have to meet their basic needs and help others. That’s the reason capitalism is better and more rewarding and freer than socialism.
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