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Capitalism does not mean we can’t have legislation to protect humanity —- think of the clean air act and a host of others (e.g. OSHA)
by TedDoesntTalk 6y ago
Capitalism does not mean we can’t have legislation to protect humanity —- think of the clean air act and a host of others (e.g. OSHA)
- dragonwriter 6y ago> Capitalism does not mean we can’t have legislation to protect humanity Mostly, it does. > think of the clean air act and a host of others (e.g. OSHA) Those laws are at odds with capitalism, because they limit the control of private capital owners over the application of that capital in favor of social direction or limitation by the State on others’ interest. Now, you can support that as necessary for the good of society or oppose it as an infringement on the liberty of owners, but in either case you shouldn't mistake it for capitalism.
- komali2 6y agoThis is correct and shouldn't be downvoted. You can like capitalism while acknowledging its faults.
- TedDoesntTalk 6y agoI think I am conflating capitalism and free markets.
- bawolff 6y agoIts a very missing the forest for the trees definition. Like how my computer is technically a regular expression because the universe is finite so it can be simulated by a large enough finite state machine.
- s1artibartfast 6y agoThe post is presuming that limitations can not be placed on capitalism. As it is verbally used, capitalism is compatible with regulation. For example, slavery and child prostitution are illegal in essentially every capitalist economy.
- komali2 6y agoI actually agree wholly - I think we should pass regulation. But I don't understand why we don't regulate zero carbon and that's that. Beyond that, presumably it'd be the government's responsibility to purge remaining excess carbon from the atmosphere.