capitalism-and-analytics:pageocups:capitalism-and-analytics:pageocups:monopolies aren’t democratic d
capitalism-and-analytics:pageocups:capitalism-and-analytics:pageocups:monopolies aren’t democratic dipshit, they’re run by blind unaccountable individuals Well considering the monopolies in our society are those designated by the government, i.e. our democratically elected republic. I’d beg to differ.…unless you’re referring to the government as the “blind unaccountable individuals”, in which case you are absolutely correct and I apologize for my confusion hahadesignated by the government who pass legislation funded by corporate lobbyists, i.e. CAPITALISTS. literally every destructive monopolistic mega-corporation got to where they are today by funding legislation that would decrease regulations for businesses and replace public services with private ones, the same “free market” ideals you fight for. stop acting like capitalism is this great force that can provide for everyone as long as the government doesn’t interfere when the majority of America’s middle class prosperity came AFTER the horrors of the unregulated industries that sprouted during the industrial revolution causing massive inequality and worker exploitation. all of which would have worsened the great depression if it hadnt been for president FDR’s democratic socialist policies laid out in the new deal. because of reagan and all the other neoliberal “free market” advocates controlled by corporate interests, we’re going right back to that same age of massive inequality. the only thing that can stop the destructive nature of capitalism is a government not controlled by capitalists.That’s a lot of fallacies and misdirections, but sure let’s tackle it:designated by the government who pass legislation funded by corporate lobbyists, i.e. CAPITALISTS.Lobbyists only exist because the ownership of power and authority rests in the government. If it was a capitalist structure to be condemned, then there would be no need for lobbying as the government would have minimal to no authority over the market. If we look at one of the industries that does the most lobbying, then we would turn to Pharmaceuticals, which is one of the most heavily regulated and scrutinized industries, which effectively allows for monopolistic behavior. In short, the only reason they are able to exhibit monopolistic behavior is because of the government.As for claiming that corporate lobbyists are the same as capitalists, that is just incorrect. If someone advocates or supports the market having intervening forces (i.e. government), then they are by definition not a capitalist.literally every destructive monopolistic mega-corporation got to where they are today by funding legislation that would decrease regulations for businessesThat’s just outright incorrect. I challenge you to find a single company today that became a monopoly primarily due to de-regulation. I’ll give you a hint, you can’t because it contradicts one of the foundational requirements of being a monopoly, which is having barriers of entry preventing competitors in entering the market. In the case of deregulation that only decreases those barriers of entry.the same “free market” ideals you fight for. stop acting like capitalism is this great force that can provide for everyone as long as the government doesn’t interfereWhoa, whoa! Calm down there haha. You clearly do not know what you’re talking about, so let’s slow down in trying to put words in my mouth. I am a huge advocate for a mixed economy (i.e. % of capitalist policies and a % of socialist policies), but you are correct that GENERALLY I do believe that we would be better off with government not interfering.when the majority of America’s middle class prosperity came AFTER the horrors of the unregulated industries that sprouted during the industrial revolution causing massive inequality and worker exploitationI’m not sure how true that is because the epitome of “unregulated” and “monopolies” in American history is the Gilded Age, which is also characterized by an expansion of the middle class. As for claiming majority of America’s middle class prosperity came later, I’m assuming you are referring to the 1950s, which had little to do with regulation and more to do with the fact that the rest of the world was recovering from WW2. It’s a given that the US was going to see prosperity, when majority of competing nations were devastated and buying US goods constantly.“all of which would have worsened the great depression if it hadnt been for president FDR’s democratic socialist policies laid out in the new deal. because of reagan and all the other neoliberal “free market” advocates controlled by corporate interests, we’re going right back to that same age of massive inequality.”Yep as I guessed it, you alluded to post-WW2. See comment above,.“the only thing that can stop the destructive nature of capitalism is a government not controlled by capitalists.“As you already admitted, the government isn’t controlled by Capitalists because if it were, then it would have no authority and it wouldn’t require lobbying. -- source link
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