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You can't just point the flavors you don't like and say Ah that's not Capitalism.
by markus_zhang 3y ago
You can't just point the flavors you don't like and say Ah that's not Capitalism.
- Enginerrrd 3y agoBut regulatory capture isn't capitalism. The tendency to produce monopolies and pseudomonopolies IS, but that is a very well known market failure, that was once addressed quite well in democratic societies while maintaining (classically) liberal economic policies. The problem we have now isn't capitalism... It's plutocracy.
- pc86 3y agoI didn't think I was. There are plenty of markets in the US that are pretty capitalist[ic?]. But education, health care, those examples are all so far from that.