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It, of course, can't be done practically speaking. That's one of the the basic failings of all the true free market capitalists (at least the ones who really b
by georgemcbay 12y ago
It, of course, can't be done practically speaking.
That's one of the the basic failings of all the true free market capitalists (at least the ones who really believe in it and aren't just using the idea to manipulate others the way religions do with their 'flocks').
They have this naive understanding of human nature that believes such a system could exist without corruption when history shows again and again and again (and again...) that even if you start from a system relatively free of corruption, if there are not pre-existing checks and balances (eg. meaningful government regulations) that are constantly maintained the entities who "win" at the system invariably become corrupt in order to maintain the status quo that has worked out so well for them and they begin to tilt the system in their favor. Since they won (and thus have the most resources) they are in the perfect position to influence the system to bend to them, which they invariably eventually do if given the chance.