2 ms·
I'm not saying market economics is the problem. I think that concept gets conflated with capitalism too often. I think markets are a good tool for economic orga
by aabeshou 8y ago
I'm not saying market economics is the problem. I think that concept gets conflated with capitalism too often. I think markets are a good tool for economic organization. The problem is the system of capitalism, i.e. the centralization of power and capital in the hands of the few, and the rules of a system that incentivize and enable that. This bad system of rules, capitalism, is certainly a form of regulation (is that what you mean?). But when I use the word regulation, I mean a rule that checks the otherwise unlimited exploitative power of capital, rather than any rule at all. Maybe you think that any rule at all would cause this, and I think that's not true.