> We are all Capitalists, until the Market comes after the stuff we love.
Anyone with half a brain isn't a "Capitalist" (with a big C, like in your example) which is why every single prosperous nation (including USA) regulates markets to avoid destruction of their prosperity and society.
Colloquial "capitalism" today is just cronyism that in no way resembles the capitalism that Adam Smith wrote about. We really should move towards Rhine Capitalism, the only system that has stood the test of time and truly benefits everyone.
He also wrote about the problem with monopolies, but that was later on in his book so we forgot to do that part so the market isn't properly free.
dist-epoch · · focus · HN ↗
Yes, it's the manufacturers fault, not the unbelievable market demand.
We are all Capitalists, until the Market comes after the stuff we love.
izacus · · focus · HN ↗
Anyone with half a brain isn't a "Capitalist" (with a big C, like in your example) which is why every single prosperous nation (including USA) regulates markets to avoid destruction of their prosperity and society.
MrDrMcCoy · · focus · HN ↗
fhn · · focus · HN ↗
fragmede · · focus · HN ↗