A fan of Zizek film analysis? That's definitely one of his positions, related to how much post-apocalyptic media still portrays capitalism in practice post-apocalypse.
Just curious, do you want everyone living in cookie cutter multifamily boxes or are people allowed to have houses and different size pieces of land and buildings in your utopia?
Tell me what type of society you are imagining please, in the real world it is already difficult for the average entrepreneur not to evade VAT on at least 30% of his purchases,
because if we don't talk about Nordic countries or Switzerland then I don't see it feasible how people can accept even more interventions from the government in their lives.
If the money for the bailouts had been distributed to the people, we could have paid the mortgages to keep our houses and pay down the debt, AND saved the banks. Could you imagine?
Obama was a cool guy, but he wasn't a progressive leader in the party. He couldn't get congressional democrats to agree on pizza toppings, and the GOP was in lockstep to obstruct anything Obama or the democrats wanted to do.
They also illegally held up senate confirmations, and then Kennedy got sick and died. It was still a missed opportunity for some genuine leadership. Sadly, Obama seemed to be suffering under the delusion that bipartisanship would be at all possible.
Its not economically feasible because modern economics functions to create monetary value not tangible value for our society. You shouldn't view it through the lense of what is "economically feasible" we should view it through the lense of what we should value as a society. Homelessness exists as a motivating coercive force to keep us buying into a system that would kick us to the curb if any of us were dealt a few bad hands in life. Its why our insurance is tied to our employment. The system is fundamentally broken for humanity to exsist inside of healthily, so much so that alot of us cant even imagine a society outside of it.
My guy, you are aware the the whole point of the solar punk movement is about using daydreaming and art about an ideal utopia to help bring it about right? Imagination is one of humanity's superpowers, and I'm currently building the class conciousness necessary to have an actionable future, where the end goal is an extremely solar punk esc future, I am not under the illusion that I will live to seek the future I am fighting for, but that doesnt mean I'm not going to keep working towards it by spreading its message.
Yes, the private sector did have enough capital to cover those loans. The public sector did it because it was a bad investment when you count opportunity cost.
Didn't the bailouts return less money with inflation though? We can't even give students less interest than inflation with student loans. If the tables were turned the banks wouldn't have taken less than 5% interest.