No system be it either communism or capitalism can be applied 100%
If we compare today’s capitalism it’s only fair that we compare it to real world application of communism.
As a Pole that was raised in a country freshly out of this system I can only tell you that you would have to be mentally insane to ever consider communism and expect it to work even half as well is it should on paper.
Yes, as with all things it must be balanced. Also, I wish we could recognize that monopolies are not capitalism, it’s just cronyism and there’s no place for that. It’s the antithesis of capitalism and it plagues communism too. It’s just pure corruption.
i thought monopoly is just the natural development in a competition, which (the competition) is pretty relevant in any market economy. I mean, an alt history line could have every monopoly in the market being prevented by gov regulation. But that would require gov that’s not payed in any way by the 1%, who benefit from inexistent competition, to serve its own interest. That’s really far from today’s reality, in most countries i guess.
It is a natural development which is why we have anti trust laws. We recognized over 100 years ago that monopolies are bad and that they need to be broken up to keep capitalism healthy, but decades of corporate lobbying and propaganda made that practice stop happening. You’re right that we need to clean up corruption in the government to make that happen again.
No system be it either communism or capitalism can be applied 100%
If we compare today’s capitalism it’s only fair that we compare it to real world application of communism.
As a Pole that was raised in a country freshly out of this system I can only tell you that you would have to be mentally insane to ever consider communism and expect it to work even half as well is it should on paper.
Yes, as with all things it must be balanced. Also, I wish we could recognize that monopolies are not capitalism, it’s just cronyism and there’s no place for that. It’s the antithesis of capitalism and it plagues communism too. It’s just pure corruption.
i thought monopoly is just the natural development in a competition, which (the competition) is pretty relevant in any market economy. I mean, an alt history line could have every monopoly in the market being prevented by gov regulation. But that would require gov that’s not payed in any way by the 1%, who benefit from inexistent competition, to serve its own interest. That’s really far from today’s reality, in most countries i guess.
It is a natural development which is why we have anti trust laws. We recognized over 100 years ago that monopolies are bad and that they need to be broken up to keep capitalism healthy, but decades of corporate lobbying and propaganda made that practice stop happening. You’re right that we need to clean up corruption in the government to make that happen again.