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It's not a problem with capitalism, it's a problem in the system that should protect capitalism. Free-market capitalism doesn't work if someone is cheating, and
by Geee 5y ago
It's not a problem with capitalism, it's a problem in the system that should protect capitalism. Free-market capitalism doesn't work if someone is cheating, and that's why we have these systems and regulations that try to prevent cheating. There is a systemic risk where the protectors and cheaters are the same people, which (again) is not the problem of capitalism, but a problem of the system that protects it. More regulators and more central power is likely to increase the risk that the regulators become cheaters.
- andrekandre 5y ago> More regulators and more central power is likely to increase the risk that the regulators become cheaters. so whats the solution?