3 ms·
“private companies and/or private individuals making money” is the core and quintessential foundation of capitalism.
by Timwi 2y ago
“private companies and/or private individuals making money” is the core and quintessential foundation of capitalism.
- moralestapia 2y agoOh, I see. Yeah that could be worded better. I really like capitalism but the benefit of some particular private companies and/or private individuals over others is of no real importance for me. I'm (almost) a free market absolutist.
- Timwi 2y agoA capitalist free market inevitably leads to monopolies.
- moralestapia 2y agoYes! Hence why I wrote "(almost)" there. Some regulation is needed to make things fairer, and actually better. But in my preferred mix of capitalism, patents wouldn't be a thing.