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> Yes, the point of capitalism is that people can do that, but shouldn't. The "shouldn't" isn't very relevant here though. People shouldn't do that under a com
by nicoburns 5y ago
> Yes, the point of capitalism is that people can do that, but shouldn't.
The "shouldn't" isn't very relevant here though. People shouldn't do that under a communist system either, and yet it happens under both.
> I almost feel like "unregulated capitalism" is just a straw man argument that others get tricked into trying to defend.
I wish it was a strawman, unfortunately libertarians who promote this kind of capitalism (which to be clear isn't all libertarians) are a prominent political group whose members include many elected officials!
- seibelj 5y agoIn capitalism the default is freedom and decentralization. So people can choose to act immorally and that’s a trade off we accept as a price of freedom. We set up a criminal justice system to fix that bug and set monetary incentives in a way that encourages productive economic activity over exploitive. Finding some bad actors does not disregard the entire system, especially not one that was ultimately convicted and died in prison.