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by lanevorockz 1624 days ago
Capitalism is the ultimate democracy, everyone votes with their labour and their purchases. The more regulation, the less power the individual has. Of course, some regulation is necessary to avoid abuses.

Discussions should be on the level of what rules allow society to reach a better result, not just try to artificially fix problems because it leads to even bigger problems.

3 comments

Everyone votes with their purchases, except the people with the most money get the most votes, and if you don't participate in the "elections" you starve? Sounds very democratic.

Regulations typically limit the power of the most powerful in society, whose power in turn restricts the rest of us. Thus, regulation frequently increases the freedom of most citizens.

Consider a business owner who treats his workers poorly. The workers could find new employers, but odds are they'd be treated just as poorly there, because these labour conditions are not atypical. Then a bill is passed which forces employers to improve labour conditions. Less power for elites means workers' freedom from having power exerted upon them increases.

Are you trolling?

a) One dollar one vote? That's "ultimate democracy"? Really?

b) how much labour would you say the average ceo does compared to the average low level worker? The ceo works 200-500 times as hard? Really?

> Capitalism is the ultimate democracy, everyone votes with their labour and their purchases.

So only those who can perform jobs and buy things are able to vote? That sounds dystopian to me.