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by chii
98 days ago
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> when they are really complaints about capitalism it's not a complaint about capitalism. It's a complaint about asymmetric bargaining power in the seller/buyer relationship. That's not inherent in capitalism. It's inherent in an anti-competitive market. The failure is in gov't making sure there's sufficient regulation to prevent monopolistic practises. |
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If capitalism requires constant vigilant government intervention to prevent monopolistic practices, anti-competitive markets, and asymmetric bargaining power, then it seems to me that this is absolutely a complaint about capitalism. If anything, your comment just makes the indictment more damning.