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While these people are extremely uninformed and their "solutions" would be absolutely catastrophic, they do have a point. What they're noticing are the effects
by nixroot 5y ago
While these people are extremely uninformed and their "solutions" would be absolutely catastrophic, they do have a point.
What they're noticing are the effects of corporatism: monopolies and other bad market practices caused by government regulation/meddling, often as a result of lobbying.
I'm talking about chemical patents and "safety regulations" making it practically impossible to compete with big pharma, making medicine extremely overpriced. Or government bailouts of banks which are long beyond bankruptcy causing all sorts of mishaps.
The only solution is a return to true capitalism. Career-politicians are just as guilty as (if not more than) the big corporations.
- frank_sausage 5y agoAh yes, true capitalism, that thing nobody ever tried before, much like the true communism we (as in humanity) never truly experienced - or so say my Trotskyist nemeses.
- netizen-936824 5y agoYou think corporations wouldn't harm the general populace without regulation? What a laugh, just in terms of pollution shit would be catastrophic
- ramphastidae 5y agoWhat is “true capitalism”? Specifically what time period and country are you talking about? What “safety regulations” do you feel are harmful and need to be removed for the good of society? What do you say to people who think this is complete nonsense? The “free market” wants to give me products filled with lead and asbestos, use my state’s rivers as their personal dumping grounds, and destroy indigineous people’s homelands so they can sell fossil fuels cheaper and destroy the planet faster. The “free market” wants low wage growth, a renter’s economy, and massive inequality. You’ll excuse me if I don’t believe that a magical invisible hand in some boardroom will look out for me.
- netizen-936824 5y agoThe impression I get from people who talk about the free market is that they consider nothing besides the market itself and nothing besides the exchange of goods is important