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> Capitalism often means different things to different people and it's often to an authors rhetorical benefit to leave it so. Sure, some, but if every author a
by dvdhnt 9y ago
> Capitalism often means different things to different people and it's often to an authors rhetorical benefit to leave it so.
Sure, some, but if every author accepted this as immutable, we can never progress.
The issue is that when you have two separate ideals, each with their own qualities, allowing them to become synonymous provides a defense for the lesser ideal in the name of the better.
So, it makes it easy for bankers and capitalists to defend their actions in the name of a free market!
- SaltyBackendGuy 9y agoThe real problem is that we don't have a free market. Businesses strategies are too often to lobby for favorable legislation to sink their competition rather than make a better product and let the market decide.
- smallnamespace 9y agoYou can view the political arena as a sort of market as well -- there's horse trading, money, people lobby and and trade for access. Except one part of society (corporations) use this market to the hilt, while the rest of society largely abstains or is unable to participate in this market.
- BatFastard 9y agoAnd indeed there are many ways to do just that, regulations, licensing, patents.