My only point has always been that despite all the variables that make the system not "true capitalism" as you put it, S&D is still happening all around us. The outcomes are different because the inputs are different.
Changing the variables of a multiplication equation gets a different result, but it doesn't invalidate the mechanism of multiplication. It doesn't mean multiplication doesn't exist. Regulations, political influence, bribes, whatever, are variables that change the outcomes of S&D, but the mechanism of S&D is still there. Monopolies and oligopolies stifle S&D but there's a reason they don't last forever. Pressures from S&D will always be there and eventually force them to collapse. Diamonds are a very successful monoploly but it is facing pressures from lab created diamonds and diamond alternatives. It won't last forever. Oil has never been an enduring, successful oligopoly. OPEC sets production levels and after a few months they collapse because it is in the financial interests of members to cheat and make more money. It happens every single time.
Many people have a hard time wrapping their heads around this concept. I absolutely refuse to go into another long debate about it, so let the denialists have their last words. .
Space/Science » in reply to Capitalism has its merits, but unfettered capitalism is evil- and that is largely what we have...
I agree with most of what you wrote
The whole thread (33 posts)
- So tell me, what do you guys think?
- We are far past the tipping point...
- What about carbon capture?
- 400+ ppm?
- I am all for it- but the scale of the problem makes it questionable
- I can't say I believe entirely in your assessment
- What about carbon capture?
- Something else to worry about.
- I think we'll need to wait and see. n/t
- We are far past the tipping point...