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by gnusty_gnurc
2438 days ago
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> The proponents of current form of capitalism miss a big big aspect of free-market capitalism. That is: taking losses. It might be clearer if you just called "the current form of capitalism" crony capitalism. It's not free market and that's why I laugh whenever people say that capitalism is failing. Progressives won a long time ago (during the Progressive era) and crafted a massive government, instituted heavy centralized planning, and we're seeing the failure of the centralization of government play out today. |
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