this post was submitted on 28 Dec 2024
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I am sorry calling out the fake capitalist regime we have, got your panties all bunched up
The regime we have is made up of real capitalists, who behave as capitalists often have throughout history. The kind of capitalism that's fake is the Chicago-school free maket kind, which has never existed in real life, because it embodies a contradiction in terms. The market is either "free" as in freedom from regulation, or it's "free" in terms of no oligopolistic barriers to entry. It can't be both simultaneously. Tuly free markets have a lifetime comparable to free hydrogen atoms: they quickly settle to an equilibrium state that's less free (by either definition).