While I’m not an expert in economics, from my uneducated point of view it looks like they are an inevitable result of unregulated/improperly regulated capitalism. But I understand once you make strong enough regulations to try and prevent that, it might not be called capitalism anymore, but I guess it also depends on your (everyone’s?) very definition of capitalism.
Again, I might just be a dumb fuck in the matter, though.
The problem with that view is that the incentives to destroy any such regulations will always exist and they will be slowly eroded. We saw this with the Great New Deal that created a ton of Social safety nets and limits on rampant capitalism. But they will take decades if necessary to slowly erode progress bit by bit.
The system can’t be based on greed and also protected from greed.
Thank you for calling it for what it is, and not reusing the tired “Capitalism” trope.
I am tired of people blaming when it is indeed a corrupt corporate class.
Corrupt corporate classes are an inevitable result of capitalism
While I’m not an expert in economics, from my uneducated point of view it looks like they are an inevitable result of unregulated/improperly regulated capitalism. But I understand once you make strong enough regulations to try and prevent that, it might not be called capitalism anymore, but I guess it also depends on your (everyone’s?) very definition of capitalism.
Again, I might just be a dumb fuck in the matter, though.
The problem with that view is that the incentives to destroy any such regulations will always exist and they will be slowly eroded. We saw this with the Great New Deal that created a ton of Social safety nets and limits on rampant capitalism. But they will take decades if necessary to slowly erode progress bit by bit.
The system can’t be based on greed and also protected from greed.
Believe it or not every form of market sysrem would have a corrupt class. Human nature.
capitalism is just a buzzword, it does not exist.
corrupt corporate classes are present in all forms of societies.
except classless societies
classless societies don’t exist
a single counter-example would disprove this
What, do you think capitalism is just some kids with lemonade stands?
capitalism is nothing, it is just a dog whistle for the uneducated rebellious crybabies.