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>government is doing the steering That under capitalism those who accumulate massive amounts of wealth can use that wealth to “buy” the state institutions to d
by andrepd 5y ago
>government is doing the steering
That under capitalism those who accumulate massive amounts of wealth can use that wealth to “buy” the state institutions to do their bidding, is precisely (one of the) problems in capitalism.
- trentnix 5y agoOne way to address that problem is to prevent "state institutions" from being so powerful as being able to do anyone's bidding.
- anigbrowl 5y agoDysfunctional states aren't exactly thriving oases of enterprise and mutual aid, are they now? In practice they're dominated by warlords and rich people buy security and contract enforcement is a function of economic leverage, so poor people have very little economic mobility or opportunity.
- trentnix 5y agoA state’s dysfunction is not diminished by the relative largesse and power of its government.
- anigbrowl 5y agoI think you know quite well what I meant.
- neonological 5y ago[redacted]
- dang 5y agoYou can't dox other users, or attack other users, on HN. I've banned this account. Please see https://news.ycombinator.com/item?id=27430579 https://news.ycombinator.com/item?id=27430579.
- deltadelta 5y ago[redacted]
- deleted 5y ago[deleted]