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Yeah, I agree, but I think there probably exists economic systems that are far more resilient to cronyism then capitalism. Whereas I think capitalism will alway
by Miner49er 5y ago
Yeah, I agree, but I think there probably exists economic systems that are far more resilient to cronyism then capitalism. Whereas I think capitalism will always result in cronyism.
- jimbokun 5y agoWhat are those systems? And where is the real world evidence they are more resilient to cronyism?
- rubyist5eva 5y agoSuch as?
- Miner49er 5y agoReally anything that tries to democratize or distribute the control of Capital better. I wrote in another comment that I like parts of Mutualism [0]. I think the emphasis on credit unions, the limits to private property, and the emphasis on workplace democracy would help limit wealth from becoming too concentrated while still enabling economic development, arguably even enabling it better then Capitalism. [0] https://en.wikipedia.org/wiki/Mutualism_(economic_theory) https://en.wikipedia.org/wiki/Mutualism_(economic_theory)