Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

  • galloog1@lemmy.worldEnglish
    14·
    1 year ago

    Regulation is still capitalism. People in the western left and right seem to have forgotten this. The means of production are owned by private individuals. That’s just laws. It’s an equal playing field. Government programs are where it starts to get muddied.

    • BarqsHasBite@lemmy.caEnglish
      2·
      1 year ago

      I would say you can have capitalism with regulation. But regulation itself is not capitalism. Rules that are not based on market forces are literally outside capital forces.

      • galloog1@lemmy.worldEnglish
        02·
        1 year ago

        Sure but it does not change the system from a capitalist one so it is still capitalism regulated by market forces.