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That's quite the broad brush you are painting all capitalists with. There are many ways to be successful many forms of capitalism, some degenerate yes, some not
by alharith 6y ago
That's quite the broad brush you are painting all capitalists with. There are many ways to be successful many forms of capitalism, some degenerate yes, some not so degenerate. It is up to good honest people to set the example, because yes the greedy ones will always greed away. History has shown me that it doesn't matter what economic and political system is instituted, greed will find a way to exploit the good intentions of those systems.
- hi_im_miles 6y ago>It is up to good honest people to set the example, because yes the greedy ones will always greed away. A focus on 'greed' or 'honesty' is missing the mark on what I'm saying here. We currently have an economy built on a foundation of historical expropriation, enclosure, colonialism, subsidy, regulatory capture, rent-seeking, etc, and heavily biased towards the resultant monopolies/oligopolies. As a consequence, prices are set at this inflated level of profit, and those who perform labor outside of the interests of these corporations typically aren't able to afford the costs of living (especially without breaking the law). "Greed" isn't really the issue here; the issue is systemic privilege born through violence. >History has shown me that it doesn't matter what economic and political system is instituted It's pretty intuitive that a political system is generally going to be favorable towards those who instituted it, outside of happenstance benevolence from a political elite.