Shaq retired from basketball in ‘91 ‘cause of AIDS-related issues. no he didn’t the internet lied to me!
Capitalism can’t self-correct btw. Remember the the financial crisis in ‘08, and how the banks were all like “lol, too big to fail” and asked for fuck tons of government money? What was self-correcting about that?
...that was socialism.
Capitalism would have been to let the banks fail.
Thank you for proving my point.
What point was that exactly? That the better system, capitalism, would have allowed the banks to fail, meaning that - unless you have a mattress full of money somewhere - you effectively lose the ability to function in society: you can’t get paid unless it’s cash in hand, you can’t pay for anything unless it’s cash in hand.
This would have happened in at least every major nation in the world. Catastrophic global depression, at minimum.
So, to amend my question, what has been self-corrected in this specific example?