RE: Destroyed by Total Capitalism
November 5, 2012 at 4:04 pm
(This post was last modified: November 5, 2012 at 4:06 pm by Autumnlicious.)
(November 5, 2012 at 3:27 pm)Tiberius Wrote: It is in essence, the separation of market and state. The market cannot control the state, and the state cannot control the market.
Not a complete seperation though, but a gradient.
People dying in the US right now over fungal-infested steroidal injections is due to the unregulated nature of pharmaceutical mixing centers.
Why was it unregulated? Because said centers used to be small, local operations next door to or inside a hospital where quality is enforced.
Then some enterprising individuals figured out if they centralized said small operations into singular large corporations, then they could mass produce unregulated medical goods.
There is a lot of money there now. But without regulations, a focus on quality, something to prevent bad actions, something horrendous happened.
No one would reasonably blame capitalism, but what did occur was something capitalism is unable to prevent by it's nature.
Point being, capitalism is simply the market at play given a set of conditions.
That means it allows all sorts of amoral actions as the system does not consider morality.
It falls to some overarching entity to protect the consumers from criminal actions taken in pursuit of profit.
Usually that is the government with regulations, but by definition, need not be.
So when you think about it, something must control the market's effects (taxes, regulations, et al) while not directly controlling the market.
Slave to the Patriarchy no more
