[t_serpico]

To add on to this, unbridled capitalism also leads to more goods and services affordable for the average consumer. This makes the idea of taking a lower paying job appealing because you can still live a fairly comfortable life.

[paulryanrogers]

Is it unbridled that accomplishes that? Before regulations and unions people worked more hours per week, even children, and were exploited to a criminal degree. Mostly the profits went to capital owners. Collective assets like the environment suffered. Progress was certainly made and highly visible, yet at great cost.

[somsak2]

> Mostly the profits went to capital owners

probably not the best example, today this is much worse vs. during the early days of the Industrial Revolution

[blackbear_]

> more goods and services affordable for the average consumer

The one key missing ingredient for this is competition. Without competition there is just a monopoly/cartel, leading to rent seeking behavior and products/services with too low quality and too high prices.