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There’s capitalism in the textbook and capitalism as practiced by capitalists. Free markets are a great idea and all, but I’ve never met a capitalist who actual
by ModernMech 4y ago
There’s capitalism in the textbook and capitalism as practiced by capitalists. Free markets are a great idea and all, but I’ve never met a capitalist who actually supported free markets.
The natural state of capitalism trends toward monopolies, regulatory capture, cronyism, price fixing, wage theft, information asymmetry, and bailouts.