tl;dr - true capitalism results in economic singularities and infinite wealth for everyone. that’s why i like capitalism as a leftist.
to get us started, my definition of capitalism is “unregulated competition”.
i ask because… …i really like capitalism. but i’m a leftist.
i am someone who has been called numerous 6 letter words my entire life by people who think i’m a socialist or communist. but i’m really not.
it’s funny really, those calling me a f##### can’t handle real competition. especially at this point in a planetary species’ development. where nimbleness, flexibility and cooperation among economic partners is more profitable than most government intervention. obviously.
government is meant to ensure security, authenticity and veracity of economic claims. not limit markets with patents or unreasonable prohibitions.
i think authentic capitalism is wonderful and the ideal choice for a free society.
No it doesn’t. I have no idea where you came up with that thought, but it’s totally incorrect. And that’s the entire fundamental basis of your concept, so everything else stemming from it is incorrect too
So your opinion isn’t even wrong, because it’s an opinion about a non-reality
Yes, this confused me. Also wouldn’t unregulated capitalism just end with one company in the end?
Yes, the end result of unregulated capitalism is always power getting concentrated into a handful of individuals while the rest of the planet’s billions of people are effectively in poverty and powerless