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Capitalist philosophy is about maximizing profit and minimizing expenditures. One is led to believe that the end result is a flourishing competitive environment
by nebulousthree 3y ago
Capitalist philosophy is about maximizing profit and minimizing expenditures. One is led to believe that the end result is a flourishing competitive environment but, in reality, the best way to achieve the above is to collude with your "competitors". Better yet, create your own competition, and then "compete" against them.
- lr4444lr 3y agoWhat economic system isn't interested in those things? Barter? Mercantilism? Socialism is just about the ownership model, not the operation.
- readthenotes1 3y agoWell regulated capitalism is an answer. Greed has to be restrained by brute force or capitalism fails through monopololization/collusion.
- deleted 3y ago[deleted]
- nicbou 3y agoIt's fair to recognize a systemic problem without having an alternative.