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> Real capitalism would let those entities fail so others can pick them apart and attempt to do better. This is what real capitalism does. It has a built-in i
by treyd 2y ago
> Real capitalism would let those entities fail so others can pick them apart and attempt to do better.
This is what real capitalism does. It has a built-in incentive to support a state that enables firms to socialize the losses and privatize the profits.
- fc417fc802 2y agoThat isn't capitalism-the-concept. That's a perverse incentive leading to an undesired outcome in the real world. Whether or not that outcome is an inevitable consequence of the ideology is an entirely different discussion.