• Eldritch@lemmy.world
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    1 year ago

    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.

    • PsychedSy@sh.itjust.works
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      1 year ago

      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.

      • Eldritch@lemmy.world
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        1 year ago

        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.

        • PsychedSy@sh.itjust.works
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          1 year ago

          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.