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> Capitalism is not evil— it’s incredibly ingenious and productive. We all live much better for it. Well regulated capitalism is the least worst of all. Even A
by paulryanrogers 3y ago
> Capitalism is not evil— it’s incredibly ingenious and productive. We all live much better for it.
Well regulated capitalism is the least worst of all. Even Adam Smith himself didn't imagine "the invisible hand" as some silver bullet.
Unbridled capitalism, much as the US has had since the 70s, is just the transitional period leading to feudalism.
- hyperthesis 3y agoHe relates a case where workers paid by the piece worked themselves into the ground.