Socialism and Recessions: How Socialist Principles Can Help You Weather an Economic Downturn
Recessions are an inevitable part of capitalism’s boom-and-bust cycle, but by embracing socialist principles like community, sustainability, and solidarity, we can build resilience and stability that the market alone can’t provide.
Why Do the Rich Benefit When the Economy Crashes?
Economic crashes can be devastating for many, causing widespread job losses, reduced incomes, and financial insecurity. Yet, paradoxically, some of the wealthiest individuals and institutions often emerge from these crises not only unscathed but significantly wealthier. This raises an important question: why do the rich benefit when the economy crashes?