1408
Unfathomably based
(lemmy.world)
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it sure does with small government.
remember there are countries that enjoy capitalism without the 5 ring circus shitshow we have going on in the states
So far, but corruption is always the end result.
i'm not trying to simp for capitalism, but corruption can and does happen under any system
Give Europe a bit more time. They'll get there.
Those countries are headed towards that circus at varying paces, so that argument doesn't work anymore. I mean Germany? France? Sweden? Britain? Italy?
The problem with capitalism in a representative democracy is that is almost impossible to maintain a perfectly sized government. If the government asks for too many taxes (on an extreme level) etc the market doesn’t function anymore. The “free market” needs some level of class difference to make profit attractive and keep people committed to their jobs. Because of these differences class conflict is created and through privately owned newspapers, corruption and short term economic gains regulation’s get liberalized. This results in wealth accumulation, the rich get richer and the poor get poorer. This then leads to the social and economic conditions that allow for the rise of the populist right.
As a European I can currently see this happening in all countries to which I pay attention (namely Germany, Netherlands and Britain).
yep. while that's true, i can't think of a valid argument against some regulating body that protects all the people, which, in america, has been somehow defined as communism by the corrupt upper crust
if there is hope, it lies in the proles