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by LargeWu 311 days ago
It seems to be driving largely by anti-capitalist sentiment rather than understanding of economic fundamentals.
1 comments

Anti-capitalist sentiment is a misunderstanding of economic fundamentals.
Thinking a system is bad does not require a misunderstanding of the system.
You're rejecting a much broader claim than I made.
IDK, I think there's clearly arguments to be made against so-called "late stage capitalism", where capital is directed towards efforts that extract value rather than create it, and shareholder theory that prioritizes short term gains and creates externalities at the expense of other stakeholders.

But at the end of the day, everything is subject to market forces and it's folly to deny that.