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Unrestrained capitalism leads to slavery (J. Pournelle). So we have to regulate it so that it doesn't get to that state. Capitalism is built around exploitation
by greedo 7y ago
Unrestrained capitalism leads to slavery (J. Pournelle). So we have to regulate it so that it doesn't get to that state. Capitalism is built around exploitation; either workers, physical resources, or knowledge. This has the benefit of increasing prosperity over time, though at a cost. As unfortunate as these costs are, Capitalism is the worst economic system, except for all those other forms that have been tried from time to time.
(Apologies to Sir Winston Churchill)