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No, this is just what happens when capitalism is treated like a religion and thus never questioned nor given safeguards against abuse. This is also why Europe
by hnlmorg 2y ago
No, this is just what happens when capitalism is treated like a religion and thus never questioned nor given safeguards against abuse.
This is also why Europe leans a lot more towards legislative oversight rather than the libertarian attitude that the market will somehow magically correct itself.
- fireflash38 2y agoEven if in a lot of cases the market would correct, it often takes a lot of time, and with a lot of negative externalities. Society bears the cost of that.