4 ms·
The economy cannot be separated from the government. If large capitalist interests exist, they will exert power with the government, in the form of influencing
by cultus 7y ago
The economy cannot be separated from the government. If large capitalist interests exist, they will exert power with the government, in the form of influencing regulations or other rent-seeking. Thus you cannot have a "fair" capitalist economy.
It would be nice if capitalism worked as it did in econ classes, but it doesn't with real humans.