• shalafi@lemmy.world
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    9 months ago

    Give it up OP, you won’t find an audience here. Just angry kids bitching about capitalism on their devices, made by capitalist economies. LOL, want to piss off some of these tankies? Point out that China was a struggling, failing mess until they allowed capitalism into their economy. China is poised to become the 21st century America.

    FWIW, I’m with you. Capitalism is the best economic system yet, but it needs guardrails. In America we’ve stripped those out. Anti-trust law isn’t a thing any longer.

      • Sirsirsalot@lemmy.world
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        9 months ago

        That’s what we tend to think, but we’ve been here before with the robber barons at the turn of the 20th century. Rockefeller had an inflation adjusted net worth of over $400 billion dollars, and the entire country was ruled by 4 men. The government was able to rectify that situation and launch America into a golden age for the country and middle class alike. So, I think an unregulated capitalist system is an enemy of the people. That’s probably what people mean when they say “late-stage” since they mean several massive companies have seized the entire market, but it can be reset and regulated when the people force the government to do its job, regardless of how late the stage is.