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We're now pretty deep in this thread and you still haven't given a single example?
by maratd 8y ago
We're now pretty deep in this thread and you still haven't given a single example?
- coldtea 8y agoWe've started the thread with concrete examples... Check the @pjc50, @Traster etc comments at the top. And @humanrebar already put this in abstract form: "It's worth noting that luminary capitalists like Adam Smith were very much concerned with privately enabled rent seekers in addition to government enabled ones"
- maratd 8y ago> Check the @pjc50, @Traster etc comments at the top. Those are specific examples of corruption here in the US. Are you asserting that you wouldn't be able to find the same corruption, for example, in China? Please provide a single example of corruption that can occur under capitalism, but wouldn't occur under another economic system. Because I'm asserting they do not exist. > And @humanrebar already put this in abstract form: "It's worth noting that luminary capitalists like Adam Smith were very much concerned with privately enabled rent seekers in addition to government enabled ones" Yes, he was perfectly right to. There are always private parties. Even under communism.