you are viewing a single comment's thread
view the rest of the comments
[–] 1 point 3 weeks ago* (last edited 3 weeks ago) (1 child)

We don't have free unfettered capitalism, there are price controls, labor regulations

And people literally had to die to get them. You do understand that, right? Those regulations, however meagre they may be, are written in blood.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 1 point 3 weeks ago

    So, we don't actually have "capitalism" now, except where we decide to let it run rampant.

    This particular example is a protected monopoly. When you let a protected monopoly loose combined with greedy actors, this is what happens. Doesn't matter what umbrella you put over it, the fact is: they've got what other people need and there's no competitor out there who isn't colluding to keep the prices sky high.

  • source
  • parent