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[–] 6 points 2 months ago (2 children)

Hot take: the whole (theoretical) concept behind capitalism

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  • [–] 14 points 2 months ago

    water on your take - capitalism seeks always to maximize returns to capital holders. Therefore monopoly and cartel behavior will be the inevitable result without a countervailing force.

    Even more water - political power cannot contain capitalism, because economic power can be exchanged for political and military power. Only ownership of capital by the society in general provides a way to avoid oligarchy long-term.

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