3 ms·
Capitalism is simply an economic system defined by private ownership of the means of production. I'm not sure you are using capitalism correctly here.
by indymike 6y ago
Capitalism is simply an economic system defined by private ownership of the means of production. I'm not sure you are using capitalism correctly here.
- josho 6y agoYou are right. I think it's that we allow companies to become dominant in their industry and abuse their market position. I incorrectly called out capitalism when it's really unregulated markets combined with a legal system that makes it possible for large companies to avoid consequences, or at least defer consequences until they've wiped out their competition that the consequence is merely a minor fine.