RE: Atheists: What if Trump addressed your issues in America. Would you vote for him?
March 30, 2020 at 4:11 pm
(March 30, 2020 at 10:55 am)Chad32 Wrote:(March 30, 2020 at 10:21 am)Nomad Wrote: What can I say, the bad drives out the good on a regular basis.
That's all capitalism ever was.
Is it? I thought it was supposed to be better than that. There's supposed to be an air of competition, and if you fail, then good luck next time.
Not really, no. There's lots of talk about how that under capitalism there would be lots of competition. But the only real rule in capitalism is that no external body can tell you what to do with your capital. And when there are no rules limiting what the big boys can do, the best result ends up being a cartel. As best evidenced in the way the US economy worked in the "roaring" 20's, or what happened with mergers and acquisitions in the 90's and noughties.
Hence why, if you really want competition you want a strongly regulated economy.
Urbs Antiqua Fuit Studiisque Asperrima Belli
Home
Home