• Corkyskog@sh.itjust.works
      171·
      2 months ago

      That’s not unregulated capitalism, it’s mixed regulatory, with regulatory capture capitalism.

      Unregulated would mean that I could set up a lab in the basement of the abandoned farm building next door and produce untested insulin cheaply enough to undercut the whole market.

      • SupraMario@lemmy.world
        111·
        2 months ago

        Someone gets it…we don’t have capitalism, we have a system where regulations are used by corps to buy politicians to kill their competitors.

    • Samvega@lemmy.blahaj.zoneEnglish
      112·
      2 months ago

      I’m not sure you can regulate exploitation out of capitalism, it’s essential to making a profit.

      • xmunk@sh.itjust.works
        18·
        2 months ago

        There are semantic arguments that run counter to this but we absolutely could have a system that resembles our current one but with regulations for the truly insane exploitation.

  • rayyy@lemmy.world
    15·
    2 months ago

    Yet there are millions out there who will defend this by voting for it although it is against their own interests. Then they blame it on those who want to stop it.