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BeenBadFeelingGood t1_j5swobd wrote

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

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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