The Many Drops of Capitalism
The Many Drops of Capitalism
There are not only two things in this world that are certain, death and taxes; there is also the fact that under capitalism, we will have a crash every four to seven years. Much like a roller-coaster, some of these drops are short and have a muted impact. Others are deep and have not only lasting ramifications in the origin country but all over the world.
Additionally, those who are not white males have the most challenging time recovering from each recession - the black community taking the biggest hit. The unemployment rate for Black people spikes immediately and takes longer to get back to normal. Each time a recession happens, the ruling class takes more and more from everybody else. Thus gaining a stronger hold over the capital of the nation.
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