4 ms·
I have this weird question which is like - is capitalism dead? Certainly the left would argue it is, but it feels like more and more people on the right are ar
by techblueberry 1y ago
I have this weird question which is like - is capitalism dead?
Certainly the left would argue it is, but it feels like more and more people on the right are arguing something along the lines of - the kind of capital investments necessary for the next stage of development, basically require central coordination. To compete with China, you can’t be subject to the whims of the market.
The way there is consolidation in the stock market, and businesses get bigger and more vertically integrated, it feels more and more like there’s not enough creative destruction / new businesses / competition.