Remember, the social Democrats sided with the Nazis over the socialists. They’ve done it every time they’ve been given the opportunity, and will continue to do so as many times as people fall for their shtick.

“The master’s tools will never dismantle the master’s house."
-Audre Lorde

  • EpicFailGuy@lemmy.world
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    1 year ago

    Under TRUE capitalism the market is free but regulated as needed.

    We don’t live in real capitalism, there is no regulation, the oligarchy has captured the agencies that were supposed to regulate the market.

    I don’t even know what to call what we have, plutocracy?

    • BartsBigBugBag@lemmy.tfOP
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      1 year ago

      True capitalism is what we live in. Competition has winners, those winners gain outsized advantages. They use those advantages to purchase regulatory frameworks which benefit them. This is inevitable, and has happened in every single capitalist society in the history of the ideology. Monopoly is the natural end state of capitalism. (Actually, fascism is, but monopoly happens along the way also)

    • MenKlash@kbin.social
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      1 year ago

      Under TRUE capitalism the market is free but regulated as needed.

      The market can’t be free if it’s regulated. Any intromission of the State in any voluntary exchange is stepping in the natural rights of its citizens.

      We don’t live in real capitalism, there is no regulation, the oligarchy has captured the agencies that were supposed to regulate the market.

      The agencies are the oligarchy. The politicians and lobbyists benefit each other by the existence of regulations, taxation, subsidies, FIAT money, intellectual property, public licenses, monopolical privileges, etc.

      Yes, we don’t live in “real capitalism” (that is, in a free-market setting), we live in a corporatocracy.