Tessa Schlesinger
1 min readApr 27, 2022

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Oh, lordie.

Let me explain it to you.

An economic system is a system of production and distribution. Since about the mid 70s, business has been solely responsible for the production and distribution of goods.

Since that time, internationally, the numbers and wellbeing of the middle classes have got poorer and poorer. The rich, of course, are now richer than they have ever been throughout history.

Up until the mid 70s, we had something called a mixed economy. Internationally, in first world countries, government was responsible for electricity, transport, medical care, communications (phone)s, railway, plaines, and harbour.

The Republican idiots who want to go back 'to the way it used to be' don't realize that socialism was not a dirty word in the west until Ronald Reagan made it one.

I would suggest if you don't understand economics, which you don't appear to, you read Thomas Piketty's Capital in the 2st Century, any of Robert Reich's books, and I would suggest you read Guy Standing's 'The Precariat.'

You appear to have grown up in one closed system with no knowledge or imagination of how anything else works.

Suggest you get an education.

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