this post was submitted on 27 Sep 2023
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To be honest, you cannot achieve capitalism with guard rails.
Rich individuals will accumulate money then bribe or donate to politicians to earn more money thus more bribes then more influence and so on.
Take USA as an example, big corporations have monopoly on almost everything and you as a citizen cannot do anything about it. Sure you can vote but either way, donations to politicians always win.
EU is better but not much. After GDPR, every website would interrupt you to say how they will sell your data and tell you to leave if don’t like it.