Message from @LoJ
Discord ID: 451822279651885056
a 'mixed economy' still has a majority of the industry and trade controlled by capitalists therefore is a capitalist system
is a spoon a spoon or is a spoon a table?
"controlled by private owners for profit, rather than by the state." If it does not meet this definition, it is not capitalism. The use of lobbyists and using bureacracy to bash novice businesses is a tool of corporatism and bureacracy, by creating government regulations, that kills small businesses, not free choice of the people.
this doesn't matter
literally
capitalism becomes corporatism
because corporatism serves the profit motive
better than whatever idealisitic nonsense of 'capitalism' you're talking about
corporatism helps create monopolies that create larger profits for the capitalists
Karde i love you
secondly
capitalists still control
the industry
and means of production
so it is still capitalism
corporatism is still capitalism
Self interest doesn't immediately devolve into greed. Self interest is the better of self, greed is the destruction of others and lack of ethics in order to gain for one self.
why do you think corporatism happens lol
are there no rational reasons behind it?
@Deleted User love u too ❤
@🌼Kalina🌹🌸🌹Zay🌹🌸🌹Scott🌼 A few bad apples don't ruin the bunch. Was it not the efforts of Carnegie, JP Morgan, Vanderbuilt and other wealthy individuals that led to the development of the west and the advancement of the Industrial Revolution in America?
They used corporatism
STANDARD OIL
IS LITERALLY
THE BIGGEST
MONOPOLY
IN THE WORLD'S HISTORY
You've never heard of Southern Bell, have you?
🤔 standard oil was even worse
Furthermore that's when capitalism begun
capitalism evolved into corporatism
because it serves the profit motive better
than that earlier form of capitalism
but the result is also a form of capitalism that hemorrhage itself
serving the profit motive in the end destroys competition
it encourages monopoly
it encourages extending copyright law to quelll the fear of innovation stealing your monopoly
that is a use of the state by capitalists for their own interest
Karde, you don't know what Southern Bell is, apparently. You couldn't make a call in the United States between 1960 to 1984 without paying a fee to Ma Bell.
standard oil crushed every other oil company
by flooding the market