there’s positives from it and negatives. stuff like large wealth inequalities can be easily fixed with progressive tax rates. it all depends on how its done
I want private ownership and competition along with markets that can find the optimal price for goods. there can be safety nets for the poor sick and insane and the combination of this is simply another sort of capitalsm
What does optimal mean in this scenario? Because really that is the crux of the issue. Capitalism puts the power into the hands of corporations to determine what is optimal. That’s what the free market is. The consumer doesn’t really have power in that system in any way that matters.
there’s positives from it and negatives. stuff like large wealth inequalities can be easily fixed with progressive tax rates. it all depends on how its done
by the time you fix all the problems, it’s straight up, not capitalism anymore.
I want private ownership and competition along with markets that can find the optimal price for goods. there can be safety nets for the poor sick and insane and the combination of this is simply another sort of capitalsm
What does optimal mean in this scenario? Because really that is the crux of the issue. Capitalism puts the power into the hands of corporations to determine what is optimal. That’s what the free market is. The consumer doesn’t really have power in that system in any way that matters.
Lmao you believe in the invisible hand?
The optimal price will simply be the price the oligarchy decides to practice.