this post was submitted on 14 May 2024
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United States | News & Politics

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[–] [email protected] 145 points 6 months ago (2 children)

We can’t let stopping climate change get in the way of capitalism!

[–] [email protected] 1 points 6 months ago (3 children)

That's protectionism, not capitalism.

[–] [email protected] 25 points 6 months ago* (last edited 6 months ago) (1 children)

Tomato, tomato. The free market is a myth, there is no part of the economy that goes without manipulation. Anytime business owners can’t directly manipulate the market themselves they bribe governments to do it on their behalf.

[–] NotAnotherLemmyUser 6 points 6 months ago

I don't think anyone is arguing that a pure free market exists.

Having a capitalist economy doesn't mean that you have a pure free market anyway.

Although there are libertarians that would like to have a free market like that, every capitalist economy has regulations in place in an attempt to prevent monopolies and/or businesses having too much power in one area.

[–] [email protected] 17 points 6 months ago (1 children)
[–] [email protected] -2 points 6 months ago (1 children)

No, protectionism exists outside of capitalism and even somewhat goes against the idea of capitalism, especially the free market kind.

[–] [email protected] 8 points 6 months ago (1 children)

That's theoretical capitalism, in practice there is no free market.

[–] [email protected] -1 points 6 months ago* (last edited 6 months ago) (2 children)
[–] [email protected] 3 points 6 months ago

Bait or brain damage. Call it

[–] [email protected] 1 points 6 months ago

Ooh, good point.