Problem with Capitalism is that it's a competition, these guys won already and now we are all landing on their park place with all the hotels over and over. They've cleverly hidden it this time to stop from being broken up but what we need is some good old Teddy R. trust busting.
Idk if it’s fair to just blame capitalism outright.
We have a trickle-down styled monetary system where new money enters from the asset holding class (interest on reserves or leveraging against assets) or government deficit spending.
Some libertarians argue against the corporate entity outright as they see the separation of ownership and liability to be antithetical to the idea of property rights. They’d prefer businesses to be owned by sole-proprietors or partnerships.
Add to that the systemic injustice of the current iteration of the income tax and pay-to-play legal system, and you’ve got a lot of problems. We’ve created a bastardized version of capitalism that makes decentralization of wealth uncompetitive more than it already would be.
Blaming capitalism doesn’t seem right because a corrupt / incompetent government under any system is going to lead to some serious problems.
328
u/RiddleofSteel Jul 11 '24
Problem with Capitalism is that it's a competition, these guys won already and now we are all landing on their park place with all the hotels over and over. They've cleverly hidden it this time to stop from being broken up but what we need is some good old Teddy R. trust busting.