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by threepipeproblm 3001 days ago
donquichotte, I figured your position was more nuanced than the original comment let on... sorry for being abrupt.

As long as we can define capitalism as the freedom to buy and sell legal goods and one services on whatever prices/terms one wishes, my own conclusion has been the when companies are in a position to exploit workers it's typically because of a lack of free enterprise and not the other way around. I can see why people who think the cause is free enterprise would want to further regulate.

But inevitably when you find powerful exploitative corporations you can dig a little and find that it's usually because they are not operating on a level playing field... the huge exploitative entity is only possible because someone's economic freedom is being restricted somewhere. Typically by writing regulation in their favor -- both in industry-specific ways and with corporate law in general.

The thing to do is to strip away their unfair advantages, not to allow the beasts to exist and "regulate". Because small businesses have a hard time coping with the cost of even well-intended regulation you can end up having the opposite effect. And the regulators end up becoming complicit.