this post was submitted on 25 Nov 2023
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It's pretty informed. Left to its own devices this is what unregulated capitalism has done. Increased profits for those who already had stolen capital. Leaving most everyone else behind. While simultaneously whittling away their effective access to things like housing, nutrition, and healthcare.
It could be fixed by regulation and socialist policy. But that's not capitalism.
This is unregulated capitalism left to its own devices? Limited liability corps? Corporate personhood? FDA, USDA, the entire stock market being tilted toward entrenched interests and big business? Drug and software patents? That's what you think unregulated means. Fuck me.
This is the capitalism regulations have given us.
These are the regulations capitalists have bought. You got it completely backwards. Yes, the entrenched interests have rigged the system for themselves. If that's what capitalism does.
So it's what violently backed, highly regulated capitalism does?
If you think politicians and CEOs don't think they're in the same class you're insane.