3 ms·
A lack of integrity isn't necessarily a problem of capitalism, but it does mean that it needs active regulation. Otherwise the collection of capital and resulti
by majormajor 4y ago
A lack of integrity isn't necessarily a problem of capitalism, but it does mean that it needs active regulation. Otherwise the collection of capital and resulting accumulation of power will be abused. A knock on more controlled economies and such is that people will abuse the power that such systems give them... so we shouldn't let them get that power organically either.
- stevofolife 4y ago100% agree. At least lack of integrity will never prevail. Active regulation with fairness is increasingly more important.
- gregw2 4y ago…active well-funded regulation… …since a common anti-regulatory strategy is to strangle the funding…
- ETH_start 4y agoIt needs less regulation (regimentation) and more enforcement of basic laws like the prohibition on fraud. Regulation is just another forum that can be corrupted.