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  • PhaseFour [he/him]
    ·
    edit-2
    4 years ago

    PPP loans

    PPP Loans have been a scam. Small business have been getting rejected left & right. Shell companies for finance capital have been most successful at receiving PP loans, since they have the connections to contact banks &fill out the paperwork properly.

    trillion leveraged treasury infusion into corporations which buy from petite bourgeoisie

    The corporations which have benefited from the treasury infusion do not buy from the petite bourgeoisie. The treasury infusion has disproportionally gone to finance capital & tech, followed by monopolies on natural resource - particularly, oil.

    60% of small businesses were predicted to close based on predictions back in June. The pandemic has been much worse than the conditions predicted. The rate of small business closures around me will absolutely exceed 60%, if it hasn't already.

    petit bourgeoisie have money in the holy line that goes up because of the massive corporate giveaway

    This is true. Although, they own a much smaller portion. The proletariat also have money in the Line, but they also have an ever smaller piece.

    The process of wealth accumulation - accelerated by the pandemic - has hurt the petite bourgeoisie and the proletariat.

    • congressbaseballfan [she/her]
      ·
      4 years ago

      Disagree on the PPP loans. Except minority owned businesses (of course) have been systematically locked out. Yes it was a scam but anyone with a decent bank relationship got one. Think of your small business tyrants. I’m not saying it saved them by any stretch; but support certainly came to the petite bourgeoisie. And big companies do use lawn services, hvac, contractors, that are petit bourgeoise.

      Not arguing the merits of your points - I think it’s right to say that they were abandoned comparatively, but also many were in a position to benefit, vis a vis tipped empppyees who get like $70 a week in unemployment benefits.

      • invalidusernamelol [he/him]
        ·
        4 years ago

        The concessions to the petite bourgeoisie was not any loans, it was the blood of the proletariat. They refused to provide assistance to the proles and so we had to go back to work and lost a lot of bargaining power. Hundreds of thousands died so petite bourgeois service czars could maintain solvency.