Know Your Capitalist Vocabulary!

70 points · 4 comments · view on lemmy.world

4 Comments

Haagel@lemmings.world · 7 pts · 2y

Private gains and public losses!

lennybird@lemmy.world · 4 pts · 2y

Negative market externalities. I think it was The Corporation documentary that introduced me to this.

AllonzeeLV@lemmy.world · 3 pts · 2y

In hindsight I should have added below "See also: 'No I didn't'"

PoopingCough@lemmy.world · 3 pts · 2y

I got an undergrad degree in economics. I was not a great student, pretty middle of the road really, but negative externalities is one thing that really stuck with me because it pretty much instantly shuts down libertarians/free market capitalists. And when that happens the mask usually comes off and you find out they're actually just Republicans looking to downplay their racism/fascism.