The Trump administration will start garnishing the wages of student loan borrowers in default in early January.
  • AlexLost@lemmy.world
    42·
    22 hours ago

    America is not capitalist, it’s an oligarchy that masquerades under capitalisms flag. Capitalism would ensure a healthy system for people to profit, an oligarchy steals from the lessers to pay the Lord.

    • zbyte64@awful.systems
      1·
      3 hours ago

      Capitalism is when most people don’t know the definition of capitalism:

      an economic and political system in which a country’s trade and industry are controlled by private owners for profit.

      Which sounds a lot like oligarchy with a profit motive.