@samir capitalism doesn’t require monopolies or low taxes, but it sure does tend towards them. Centralisation of business and individual wealth then acts on the political process to protect that wealth - like in the US and UK, as you noted.
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@samir capitalism doesn’t require monopolies or low taxes, but it sure does tend towards them. Centralisation of business and individual wealth then acts on the political process to protect that wealth - like in the US and UK, as you noted. 2 comments
@tolortslubor @samir I'm definitely for all those things. I would prefer a post-capitalist system but in the mean time I'll take making capitalism the best it can be. |
@Brendanjones @samir Brendan, so would you recommend using regulations to prohibit monopolies and encourage competition? Or ?
What about using tax structures to curb the risk of power abuses, while investing revenues in regulation and other pro-social programs, that encourage healthy competition and benefit all human society members?