The government created many laws to protect workers

The Fair Labor Standards Act of 1938 and the National Labor Relations Act Of 1935 were 2 big ones

Notice how it was all after 1900s

That was the downfall of capitalism however in America

FDR

And notice how workers rights got significantly better after that

Because of Government intervention

America is still mostly capitalist

It doesn't matter. Also who determines if it is capitalist or not? Any state intervention in the economy is socialist

Also Tolerant left everyone

I said "Mostly Capitalist"

You can find people insulting each other of any ideology

It’s probably one of the constants in life

Jesus lmao he really got mad, what was the argument about?

Eliminating patents would create even more monopolies imo

Giant corporations will steal products and they will be able to manufacture and produce it at lower costs and sell it to more people

So you’d have giant corporations stealing ideas from normal people, preventing those people from creating a successful business of their own

Removing patents would ruin the tech industry. You’ll have giant corporations stealing code and creations that would of been patented, and they would be able to use it for free without giving any money/credit to the people who actually come up with it

And it would discourage people from actually trying to innovate

Why put in hundreds of hours of work creating something if a company can steal whatever you create and give you no money/credit and for it to be completely legal?

A totally free market is terribly flawed

Regulations exist for a reason and we NEED them for a country to function properly

@chad what the fuck

How does eliminating rights to keep and charge people for making something you originally made

Or not allowing them atall

Create monopolies

That makes no sense, there is no evidence that patents boost innovation , if anything they disincentives innovation as you will be charged for using something or won’t even be able to use something. Not to@mention most innovations weren’t under patents.

“Why put in hundreds of hours or worker creating if a company can steal”
Wrong, you’ll@make the largest profit before a company “steals” it. And infact it’ll boost innovation as another company will try and improve it as much as they can.

“A free market is terribly flawed”

How the hell is a free market flawed, it’s the best system on earth to allocate resources.

“Regulations exist for a reason”
Regulations exist due to misunderstanding and economic illiteracy. All regulations create is monopolies, limit choice, increase prices and reduce economic growth

There’s a reason why the most free markets do the best.

The risk of being undermined by a submarine patent literally blocks innovation

@Anon365 workers rights improved in 1800s

As I said working hours dropped while real wages increased

Damn

that debate was so salty i could even smell the salt from my phone

What woudl thomas sowell say

best system for allocating resources which have alternative uses

@sɪᴅɪsɴᴏᴛʜᴇʀᴇ Workers right were still terrible before the 1930s. People still worked very long hours, made very little money, and would constantly be threatened to be fired. It took government intervention to make them better. Otherwise, the companies would have continued exploiting workers.

@Anon365 I said in the 1800s second part

Wages went up while working hours fell down

With a material standard of living increase