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MrPissedHimself t1_j5sociw wrote

Reply to comment by unresolved_m in Major railroad posts record earnings, spends more on share repurchases than on its employees by esporx

Predatory capitalism - its like regular capitalism but on steroids

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BeenBadFeelingGood t1_j5swobd wrote

Idk you’re being downvoted smh

Idk who needs to hear it but a free market economy (as defined by adam smith and classical liberal economists like Thomas Paine, Henry George et al) is one free of monopolies, subsidies to corps, and special privileges; a free market thus requires regulation to allow market exchanges and citizens to be free.

Capitalism has lots of regulation to create monopolies and specia privileges that mostly benefit capitalists: they are free to fuck over everything and everyone including the environment etc while placing the importance wholly on capital, while disregarding labour and the land.

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blockingdom t1_j5t9m82 wrote

Such a society can never exist. The bourgeois state is a tool used to make this insane system even function in the first place, ideas of "free capitalism" are delusions.

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