Analysis of Great Reset: ‘Capitalism for the Rich and Socialism for the Poor’


By: - Climate DepotApril 24, 2022 9:59 AM

https://mises.org/wire/great-reset-vii-capitalism-rich-and-socialism-poor

By Michael Rectenwald

Excerpt: The Great Reset is the exact inverse of the formula “socialism for the rich and capitalism for the poor.” The Great Reset represents an attempt on the part of a protected class of elite capitalists to form cartels and seek state favoritism to establish capitalism for themselves while effectively consigning the vast majority to socialism. This explains why capitalist corporations, in conjunction with propagandists at the World Economic Forum, are spouting social democratic socialist rhetoric and ideology and pushing a social democratic socialist agenda.