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RE: CrossTalk: Capitalism for whom?

in #dtube5 years ago

what if actually equality of opportunity is a myth? also in this world, there's never true capitalism for once.

  1. 'Free market' hardly exist. The true free market you can conspire with another mercantilist, selling slaves, selling organs, selling drugs, etc. Black market is the name of the true free market. The market exists in every politiconemical system (feudalism to capitalism to communism), market only exists on capitalism is a myth.
  2. What we have now as a market which endorses 'equality of opportunity' is actually a regulated market, capitalist smart enough to take a bit part of socialism onto the system to not get too extreme in the practice lest it turns into the black market.
  3. Capitalism walking on the dynamic of being too extreme or being too regulated.
  4. But what if capitalism doesn't want to admit it's a failure? I mean about negative interest rate that's happened because 'the free' part of capitalism went extreme, using the central bank to push its way through. The backlash will get it pushed back to the far extreme to be the heavily regulated market to save the people or at least rich class from the pitchfork. The guillotine will always conform to the modern version, and the rich class won't be easy to get out of this #lookfrance.