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NYKyle610 t1_iyxq7iu wrote

Reply to comment by GrassGaurdian in Airbnb likely to lose more than 10K listings in NYC under tight new rules by NecessaryMistake9754

Walmart is profitable because they pay their staff so low, that they become subsidized by the government (food stamps and other low income benefits).

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Icy-Performance-3739 t1_iyycn8q wrote

I wish more people cared about this. We privatize the gains but subsidize the losses of these corporations. It's so annoying.

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FeistyButthole t1_iz02ru5 wrote

It's so uniquely American.

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ZA44 t1_iz05h9r wrote

Not quite, feisty butthole, Germany has a history of propping up its major corporations too.

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FeistyButthole t1_iz09nty wrote

The also have a history of employee codetermination that is not strictly using employees as a fungible commodity.

It’s a bit like comparing buttholes and navels.

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Financial_Revenue_43 t1_iz0rz95 wrote

>We privatize the gains but subsidize the losses

I've never heard it put so eloquently.

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