4 ms·
>The Internet and capitalism don't make a good cocktail. Yeah what we have today is not capitalism, at least by Adam Smith's standard, and definitely not the c
by passwordoops 3y ago
>The Internet and capitalism don't make a good cocktail.
Yeah what we have today is not capitalism, at least by Adam Smith's standard, and definitely not the capitalism that was practiced between the end of WW2 and Reagan.
The US desperately needs to bring their anti-trust enforcement back to the standards of the post-war era
- bmitc 3y agoI am definitely a fan of anti-trust, but it sounds like you're saying today's unbridled capitalism is not captialism but that when we didn't let captialism run wild by actually enforcing anti-trust regulations, that was capitalism. I am confused.
- cudgy 3y agoPerhaps they are taking into account the increased current corporate welfare trends. Want money to build weapons and blow up some people outside the US? Sure no problem! Want money to recuperate from the massive investment losses your bank or company incurred due to your bad decisions? Sure no problem! Want another $30 a month for your social security disability check to account for inflation? Nah we can’t do that!