@samir In fact "capitalism" explicitly notes that monopolistic practices must be guarded against (they are a danger to #capitalism working properly).
Monopolies and Oligopolies do not a Free Market Make
Top-level
@samir In fact "capitalism" explicitly notes that monopolistic practices must be guarded against (they are a danger to #capitalism working properly). Monopolies and Oligopolies do not a Free Market Make 3 comments
I think you are arguing against the false claims about capitalism. From the link I included: "The idea that businesses would try to suppress the free market (by gaining power that suppress competition) is not some new brilliant idea. At the creation of capitalist thought this was an obvious flaw in the practical application of free markets recognized by all. The government role was to assure that the market stayed very close to perfect competition... Adam Smith, in..." |
@curiouscat @samir
#capitalism is the religion of the god Capital.
While Capital is a human-created god that does not actually exist in physical form, nevertheless it is more real and powerful than any of humanity's other gods, it is truly the ruling god of this world and has assimilated all the others.
Capital has no problem with monopolies or oligopolies, quite the contrary: it is well served by them. It is also well served by having people distracted with conversations about policies, taxes, laws, monopolies, unions, etc etc, but never questioning foundational ideas like private property or state, never looking past all the assumptions capitalism has been programming us with for a few generations.
@curiouscat @samir
#capitalism is the religion of the god Capital.
While Capital is a human-created god that does not actually exist in physical form, nevertheless it is more real and powerful than any of humanity's other gods, it is truly the ruling god of this world and has assimilated all the others.