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> people who hate capitalism Capitalism is always tempered in various ways; I don't know if a single case where it's not. "Pure" capitalism would be a dystopia
by Beltalowda 4y ago
> people who hate capitalism
Capitalism is always tempered in various ways; I don't know if a single case where it's not. "Pure" capitalism would be a dystopian hellhole, and no serious capitalism thinker ever proposed it.
So the question is how and where we should temper capitalism, and more generally how we should implement capitalism. This is not "hating capitalism". That's just red-baiting.
- anm89 4y agoYeah, I'm going to stick with companies being allowed to make money selling stuff as within the acceptable bounds.
- JellyBeanThief 4y ago> acceptable bounds I would like to know more about what you think of those.
- benj111 4y agoCompanies making money selling food unfit for consumption? Selling paint with lead on? Selling cocaine? So your comment in itself is wrong. Further you can still take the view that in general companies are free to sell in a free market, while acknowledging specific downsides that arise from that freedom. In my view BP has done nothing wrong. That doesn't mean I would be against taxing the surplus profits to ameliorate some of the consequences of high oil prices
- nyokodo 4y ago> "Pure" capitalism would be a dystopian hellhole, and no serious capitalism thinker ever proposed it. Capitalism is impossible without property rights so assuming you don’t call at least a voluntary system of property rights enforcement “impure” then the very serious scholars like Rothbard, Hoppe, Block etc all proposed it. I’m not sure I agree with them but I don’t think sweeping dismissals or “hellhole” hyperbole are correct either.