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Morbius

(114 posts)

6. Capitalism isn't a bad thing.

Reply to Buttoneer (Original post)

Sun Oct 27, 2024, 09:20 PM

Oct 27

Unregulated capitalism is dangerous. Capitalism with rules in place and people with the power (and the will) to enforce those rules is arguably the best and freest economic system there is.

It's an old saying, but it contains much wisdom: everything in moderation. There is an unrecognized virtue which is critically important in government: balance.

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SheltieLover Buttoneer meow2u3

22 replies

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Highlight:

Capitalism leads to monopolies. [View all] Buttoneer Oct 27 OP

Succinct. cachukis Oct 27 #1

Preditory Capitalism.....the reason that we need regulation. walkingman Oct 27 #2

That's why capitalism needs to be regulated like a nuclear reactor needs to be regulated. Beartracks Oct 27 #3

Socialist countries have a monopoly over the economy. former9thward Oct 27 #4

huh? You're going to have to explain this to me. Buttoneer Oct 27 #7

Post removed Post removed Oct 27 #8

Do you have a private definition of socialism? former9thward Oct 27 #9

I believe in government regulation to prevent monopolies and foster competition. Am I a socialist? Buttoneer Oct 27 #13

That is not what your OP said. former9thward Oct 28 #19

SCOTUS make me wonder, but we agree. Buttoneer Oct 29 #20

What would you call regulated capitalism with a fair marketplace and a safety net? Buttoneer Oct 28 #17

Regulated capitalism with a fair marketplace and a safety net former9thward Oct 28 #18

Yes. Bust the Trusts. Where's the FTC? surfered Oct 27 #5

The Push to Fire Lina Khan Reveals a Serious Problem in Silicon Valley. elleng Oct 27 #12

The Biden Administration has bee trying! Buttoneer Oct 27 #14

Capitalism isn't a bad thing. Morbius Oct 27 #6

THANKS elleng Oct 27 #11

UNREGULATED capitalism elleng Oct 27 #10

someone said ...capitalism is the best system for creating wealth, but one of the worst for wiggs Oct 27 #15

How is Boeing doing, anyway? Simeon Salus Oct 27 #16

Of course. Xolodno Oct 29 #21

Capitalism is to blame for the homeless LiberaBlueDem Oct 30 #22