2 ms·
Capitalism needs regulation to avoid self destruction. Without circuit breakers it devolves into monopolistic totalitarianism. C.f. East India company. Then im
by 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.