• TeoTwawki@lemmy.world
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    1 year ago

    What murica has is what happens when you take the breaks off and let crap run to its logical extreme (and with rampant corruption where the cars breaks used to be)

    Regulatory capture.

    Revolving doors.

    Political dark money.

    Monopolies that manage to be technically not monopolies some frakkin how.

    Rackets that never get charged as such.

    Planned obsolescence.

    Anticompetetive and anti consumer practices all over and the erosion of rights - you effectivly don’t own what you buy and can’t resell it anymore.

    Trade agreements to export this insanity to other countries.

    Granting corporations the ability to sue NATIONS over “lost profits” in response to resonable regulation!

    Instead of “harnessing greed” its run rampant and unchecked to the point its destroying our environment at an insane pace. And its spreading beyond america. It has been for years most people just haven’t realized it yet. (Ed: by “it”, I mean this corrupt thing that America thinks of as capitalism, is overtaming what you may think of as calitalism)

    The cancer has metastisized, and we’ll need to reinvent a strongly regulated similar system that rejects the clear broken parts in order to excise it - capitalism as is, is lost. It’s not sustainable.

    I realize I’m talking in a very pro socialist/pro communist space but what I’m saying doesn’t mean I think capitalism was always terrible. But any good times it had are soon coming to an end.

    • diprount_tomato@lemmy.world
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      1 year ago

      Bold of you to assume that’s capitalist. If the state intervenes by favouring monopolies against any possible competition that’s definitely not a free market