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by toofy
2955 days ago
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> we have as close to the opposite of a planned (and thus designed) economy as one can get in the present day. I understand why this might seem like the most obvious answer, but your analysis seems to not take into account things like revolving door politics, regulatory capture, lobbyists priority access to lawmakers, citizens united, etc... etc... etc... I don’t think most people would suggest that there is a small table surrounded by evil cackling billionaires conspiring to pull every single worldwide string, but rather there is a relatively small number of people who have enough money to buy themselves access to writing regulation and laws which favor their own interests which will often coincidentally align with the other billionaires who can afford this kind of access. We can’t ignore the ways in which issues like this skew influence to a small number of powerful interests. |
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