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greenhart

14,155 Posts.

39

14/07/16

22:03

Post #: 18273869
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Originally posted by Hanrahan ↑

The beauty of capitalism is that should the original investors be wrong, someone will buy the project for pennies in the pound, and the "benefits" continue. The only losers are capitalists.

What you socialists don't realise is that if venture capitalists are to be bled to death with tax, the projects will not happen, ever.

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So.. these days they have PPP - all stakeholders have some risk and it's spread amongst them Not really Socialist is it?
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