4 ms·
> they attribute to capitalism what is actually the fault of a lack of regulation Regulation works in a theoretical world where the rules of the game are set b
by torben-friis 10mo ago
> they attribute to capitalism what is actually the fault of a lack of regulation
Regulation works in a theoretical world where the rules of the game are set by an outsider entity, which is powerful enough to enforce said rules and yet completely separate from economic power.
In real life, players affect the rules: lobbying, marketing, media ownership, cronyism…