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The issue isn't simply that profit motivates bad behavior, but rather how our capitalist system, particularly through lobbying and legislation, disproportionate
by postpawl 2y ago
The issue isn't simply that profit motivates bad behavior, but rather how our capitalist system, particularly through lobbying and legislation, disproportionately amplifies the influence of well-capitalized interests. For instance, the prevalence of high fructose corn syrup in our food supply isn’t just a random government subsidy; it's a direct result of agricultural subsidies shaped by powerful lobbies. These policies don’t emerge in a vacuum but are crafted in ways that systematically benefit the incumbents with the most capital, often at the expense of public health and smaller competitors. This underscores a structural imbalance where laws and subsidies are swayed more by capital than by the collective welfare of the populace.
- jahewson 2y agoSwitch the word “capital” for “status” and you have any human economic system. You’re just describing the human condition.
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- Kbelicius 2y ago> Switch the word “capital” for “status” and you have any human economic system. Status can easily be taken away. You can not put status in a an index fund a watch it grow without doing anything. You can't give your status, without anyone knowing, for a favor.... The idea that switching "capital" for "status" will still get you the same thing is just dumb.