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Capitalism is not bad per se, but capitalism without control can be disastrous. We have not yet reached the point in which corporations took over on governments
by squarefoot 5y ago
Capitalism is not bad per se, but capitalism without control can be disastrous. We have not yet reached the point in which corporations took over on governments; the process already started, but the complete takeover at global scale will need some time, from several decades to a couple centuries or so. When it will happen, living under socialism or capitalism won't be that different anymore for those who are not part of the elite.
- syshum 5y agoCorporations are not capitalism... Corporation are fictitious legal entities created by government. With out government there can be no corporations. Corporatism is not "capitalism without control", Corportism is the direct result of governments picking winners and loosers in the market place. It is the direct result of government putting their hands on the scale of the market. So expecting government to solve the problem it created is foolish. I have no love for corporation, or corporatism. you want to eliminate that I am all for it. However lets stop blaming capitalism for the problems created by government
- squarefoot 5y agoThat's the "without control" I was referring to.