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This is a very simplistic take. Capitalism as it is practiced in its various forms across the world, has thousands of levers that are pushed in certain directio
by abdullahkhalids 6y ago
This is a very simplistic take. Capitalism as it is practiced in its various forms across the world, has thousands of levers that are pushed in certain direction by laws and regulations, and by norms and cultural philosophy. If you change the latter, you change the values of the levers which changes how much businesses have to _compete_ and _grow_ in order to remain _profitable_ in the long term. So yes, the current climate is our choice, and we can make different choices if we decide to.