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by nyolfen
3618 days ago
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>Desperation and exploitation are not core features of a free market, Capitalistic system. In fact, I think they are a drag on Capitalism and the free market. without making a value judgment, i think this extremely disputable, historically speaking |
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I think that is more historical accident rather than a necessary consequence of the system. I think we have to work to pull Capitalism out of that swamp if it is to remain viable for the foreseeable future.
But it is so ingrained that these are part and parcel with the free market that suggesting ways to fix it is taken as an attack on Capitalism itself.
In my view, if we removed desperation from the system, one way or another, and allowed people to bargain for a gain rather than to stem losses, it would be jet fuel for the market, the economy and Capitalism as a whole.