No they won't. Your property is worth more to them than the debt you owe on it. Always a foreign investor willing to pick it up below market value, but above the debt you owed.
Are you saying that capitalism has become exploitative and depersonalized?
No.
Because you are talking about corporatism, globalism, and the inherent problem with communism. None of which would exist in a free market.
When conservatives talk about capitalism they mean, exclusively, free market capitalism. The ownership of personal property and labor and the freedom to trade with someone else in your own community.
They don't mean government granted power of monopoly, two tiered justice systems, freedom from liability, multi-billion dollar lobbying. Nor do they mean the independent governance and blatant tax avoidance that allows corporations to function on a global scale, and rival world governments in power, without repercussion thanks to the aforementioned issues. All while their actual owners are free from even an ounce of scrutiny and engage in profiteering and social manipulation through "non-profits" they control.
When communists talk about the evils of capitalism the blame all of that on the middle class and private property, because that's what their corporate sponsors told them to blame, and that's why the word was invented.
Damn banks are gonna be pissed when we can’t pay mortgages... eventually it will come to our doors
No they won't. Your property is worth more to them than the debt you owe on it. Always a foreign investor willing to pick it up below market value, but above the debt you owed.
No.
Because you are talking about corporatism, globalism, and the inherent problem with communism. None of which would exist in a free market.
When conservatives talk about capitalism they mean, exclusively, free market capitalism. The ownership of personal property and labor and the freedom to trade with someone else in your own community.
They don't mean government granted power of monopoly, two tiered justice systems, freedom from liability, multi-billion dollar lobbying. Nor do they mean the independent governance and blatant tax avoidance that allows corporations to function on a global scale, and rival world governments in power, without repercussion thanks to the aforementioned issues. All while their actual owners are free from even an ounce of scrutiny and engage in profiteering and social manipulation through "non-profits" they control.
When communists talk about the evils of capitalism the blame all of that on the middle class and private property, because that's what their corporate sponsors told them to blame, and that's why the word was invented.