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"I think that we need to understand that capitalists hate capitalism. They don’t want to be in an environment in which they have to compete." I think he means
by timbit42 3y ago
"I think that we need to understand that capitalists hate capitalism. They don’t want to be in an environment in which they have to compete."
I think he means they hate the free market. Many people think capitalism and the free market depend on each other but free markets existed for a long time before capitalism. It's the free market that forces capitalists to compete.