Privatising Profits and Socialising Losses
Why do big corporations reap the rewards in boom times but hand the bill to the public when things go south?
In this episode of Right2BWrong, we break down the uncomfortable reality behind bailouts, subsidies, and corporate safety nets—from the Global Financial Crisis to the COVID-19 pandemic. We explore how governments around the world absorb the risks of capitalism while the profits remain in private hands.
Is this economic common sense or moral hazard?
Who really pays when markets fail?
What can we learn from case studies like Wall Street, Qantas, and JobKeeper?
Join us as we challenge the status quo, unpack the politics of risk, and ask: what does a fairer economic system look like?
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