Unregulated capitalism is a scourge on our planet, a parasite sucking the lifeblood out of our species, and a one-way ticket to global destruction. If we continue to allow concerns of the marketplace to dominate how we function, we won’t last on this planet for another 100 years
220
919
86
5,974
“A few very large corporations that direct how the world functions” IS unregulated capitalism!

Mar 30, 2021 · 6:04 AM UTC

14
2
229
Replying to @marwilliamson
No that’s over regulated capitalism, have you ever wondered why new banks can’t open, why new car companies can’t open? Regulation prevents small businesses from challenging the large corporations that can afford to abide by the regulations.
Replying to @marwilliamson
Corporations exist because of regulation. This is corporatism, not unregulated capitalism.
Replying to @marwilliamson
Actually what gives these companies power? Who prevents me from copying say bills gates ip and marketing a better version of windows? What happeneds if I do anyway? Men with guns come and kidnap me. This isn't private business. Socialism is the merger of the corporate state.
1
Replying to @marwilliamson
The merger of corporate interests with the power of the state is the literal definition of "fascism". (Mussolini)
3
Replying to @marwilliamson
People often use laws aka "regulation" in order to gain market advantage. Large companies have greater resources to skirt the laws that do exist. This is a failure of the nature of capitalism, not a failure of regulation.
1
1
6
Replying to @marwilliamson
The government ensures monopoly
Replying to @marwilliamson
Very large corporations adore regulations. They are best equipped to ignore or subvert them, while smaller rivals die from them. Regulations via law are written, paid for, and supported by large corporations and capital interests. That cannot be changed. DYI-regulate instead.
1
Replying to @marwilliamson
In my opinion, that's corporatism. A little capitalism, like my friend starting a lawn care business to support his family, is a good thing. Unbridled corporatism, on the other hand, is the yoke I feel we're all suffering under. Many corporations serve nothing but themselves.
1
3