Agreed, although I’d reframe it; capitalism is a solid default, and does a good job of innovating … but it tends to operate like gravity, the more capital you have the more you get.
So, you need a mechanism to redistribute that capital, and you need to make sure that the things everyone is supposed to have enough of, don’t get distributed that way in the first place.
That happens when the free market fails to work. There’s a lot of major corporations that should’ve fail already, but due to them being so big they haven’t failed.
people mistake cronyism for capitalism all the time. the free market can’t be said to have failed if it was never free in the first place. it’s like saying a tree has failed after it’s been cut down and turned into an unstable table.
Let me clear this up, speaking as a capitalist. I make oodles of money and then I pay off people and help my cronies, my cronies help me make more money. That is how a free market and capitalism works and it is working great for me. Frankly I’m offended and aghast at the idea that you don’t want it to be that way, what are you suggesting? Some sort of regulations to stop me from paying whoever I want to do whatever I want? You sound like a fucking communist!
Agreed, although I’d reframe it; capitalism is a solid default, and does a good job of innovating … but it tends to operate like gravity, the more capital you have the more you get.
So, you need a mechanism to redistribute that capital, and you need to make sure that the things everyone is supposed to have enough of, don’t get distributed that way in the first place.
That happens when the free market fails to work. There’s a lot of major corporations that should’ve fail already, but due to them being so big they haven’t failed.
people mistake cronyism for capitalism all the time. the free market can’t be said to have failed if it was never free in the first place. it’s like saying a tree has failed after it’s been cut down and turned into an unstable table.
Let me clear this up, speaking as a capitalist. I make oodles of money and then I pay off people and help my cronies, my cronies help me make more money. That is how a free market and capitalism works and it is working great for me. Frankly I’m offended and aghast at the idea that you don’t want it to be that way, what are you suggesting? Some sort of regulations to stop me from paying whoever I want to do whatever I want? You sound like a fucking communist!