• HiTekRedNek@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    4 hours ago

    It’s odd that you think it’s fundamental to capitalism when it’s exactly the opposite. True capitalism is an unfettered marketplace.

    What we have now is a system here the profits are private, but the losses are socialized.

    You may think that’s an effect of capitalism, but it most definitely is not.

    You are conflating a system of governance with a system of economics. And I get it, because in a controlled economy, the government is usually the one doing the controlling.

    What we have is something in the middle, taking the worst aspects of truly free-market capitalism, and marrying it with the worst aspects of a controlled economy.

    Our government the picks winners in this setup we have. Instead of letting the market decide.

    Your issue is that you see all the things this half-breed, partially-socialist economy gives us, and you blame it on the market. But the market didn’t get us here.

    History tells me what will happen if we finally give in, and give total control of the economy over to the politicians. And I do not want that for my children, or their children.