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> All major economic systems of all major national economies over the last century have perverse incentives. It’s not a capitalist thing. They have, but post-T
by mschuster91 3y ago
> All major economic systems of all major national economies over the last century have perverse incentives. It’s not a capitalist thing.
They have, but post-Thatcher neoliberal capitalism has taken the existing perverse incentives and made them exponentially worse. We're on a course heading straight to feudalism, just with fancy titles with legal rights replaced by economic might.