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They aren't even talking about Capitalism. They're talking about Cronyism.
by makosdv 11y ago
They aren't even talking about Capitalism. They're talking about Cronyism.
- seanmcdirmid 11y agoIf labor's value is decreased and capital's value is amplified, it eventually leads to a feedback loop where capital easily begets more capital, the very nature of cronyism.
- danharaj 11y agoYou can't just define capitalism as "the good parts" and cronyism as "the bad parts". There is no mechanism that is part of capitalism that prevents rampant exploitation and capital accumulation, because that is the basis of capitalism.