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You are conflating crony capitalism with free market capitalism. If we are going to argue in terms of pure theory (which you are) then more competition, and the
by zer8k 3y ago
You are conflating crony capitalism with free market capitalism. If we are going to argue in terms of pure theory (which you are) then more competition, and therefore the free market, would select for systems that reduce friction between the customer and their wallet. Crony capitalism is what happens when a mixture of regulatory capture, unhinged corporate lobbying, and greed combine to form a trifecta of fuck for everyone else.
A common trope among anti-capitalists is they conflate capitalism in practice (i.e. crony capitalism) with actual free market capitalism (the theoretical construct).
When debating semantics like you are the difference between these two is fundamentally important.
- dragonwriter 3y ago> You are conflating crony capitalism with free market capitalism. Phrased a different way: discussing capitalism as it actually always has been, and as the term was coined to refer to, in the real world instead of nonsense fantasy that isn't implementable in reality, and which was only constructed as a distraction from that reality to deflect criticism of the real-world system.
- zer8k 3y ago> discussing capitalism as it actually always has been, So you replied to my post calling out your theorycrafting saying my theorycrafting is wrong. Alrighty.
- dragonwriter 3y ago> So you replied to my post calling out your theorycrafting [...] Nope, this is wrong already, befoee getting to the rest.