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> capitalism is kinda-sorta weaponized greed, but in a way that tries to promote competition and thus create actual value. In practice, capitalism itself doesn
by palmotea 11mo ago
> capitalism is kinda-sorta weaponized greed, but in a way that tries to promote competition and thus create actual value.
In practice, capitalism itself doesn't really promote competition, but rather competition is an externally-enforced situation required to keep capitalism from going off the rails. IMHO, capitalism naturally evolves towards monopoly (otherwise antitrust laws would be unnecessary).