4 ms·

Sarcasm or cynicism?

• baq 2y ago
  Capitalism. Btw communism is capitalism without systemic awareness of inefficiencies.
  • ruthmarx 2y ago
    Capitalism doesn't dictate poor working conditions at all. Lack of regulation certainly does though.
    • tivert 2y ago
      > Capitalism doesn't dictate poor working conditions at all. Lack of regulation certainly does though. It totally does. Regulation is basically opposed to capitalism working as designed.
      • baq 2y ago
        Capitalism needs regulation to avoid self destruction. Without circuit breakers it devolves into monopolistic totalitarianism. C.f. East India company. Then imagine them with modern military and communications tech.
        • ruthmarx 2y ago
          > Capitalism needs regulation to avoid self destruction. This is equally true for any alternative system to capitalism.
      • ruthmarx 2y ago
        That's not true at all. That's just some propaganda college kids and the like keep repeating. Most other western countries are capitalist, have much stronger regulation than the US and are all the better for it.