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> but after Brockman had donated 25M to Trump’s PAC > In capitalism, the market decides. > In oligarchy, connections and donations decide. Author is confused
by dist-epoch 8mo ago
> but after Brockman had donated 25M to Trump’s PAC
> In capitalism, the market decides.
> In oligarchy, connections and donations decide.
Author is confused about what Capitalism is. It worked exactly as expected, Capital used itself to advance it's own needs - maximizing (own) growth.
Capitalism is not about markets, it's about Capital.
There is a reason why lobbying is an accepted practice in one of the most Capitalistic countries in the world, and generally forbidden in Socialist EU.
- NicuCalcea 8mo ago> generally forbidden in Socialist EU This is one of those cases where you wish your critics were right. One in 40 people in Brussels is a lobbyist, but apparently it's forbidden.
- drcongo 8mo agoVery kind of you to only pick one error in the parent post to critique.
- NicuCalcea 8mo agoI've been working with UK/EU lobbying data in recent months, so that's the one I felt competent to pick on. I thought I'd leave the nature of capitalism to someone else.
- jeremyjh 8mo agoWhich prominent economist has argued that bribes are an essential part of Capitalism?
- heavyset_go 8mo agoWhich prominent priest has argued that god doesn't exist?
- lm28469 8mo agoSomeone came up with the "invisible hand of the free market" theory and become quite famous so I'd say we can add our own crackpot theories on top, apparently they don't have to be very well researched to stick around
- deleted 8mo ago[deleted]
- xpe 8mo agoThe above comment comes across as a snarky gotcha, and it is not a one-off. Could you please ask in a different way that promotes curious conversation? We would appreciate it. This style tends to increase the likelihood of others responding in kind. The end result is often a less substantive conversation.