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arrow-up1870arrow-down1external-linkReddit is ending Reddit Gold and users are furiousmashable.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 1 year agomessage-square200fedilinkfile-textcross-posted to: RedditMigration@kbin.social
minus-squareaxtualdave@lemmy.worldlinkfedilinkEnglisharrow-up68arrow-down17·1 year agoCapitalism is great, but it absolutely must be tempered by regulation. The problem comes when the capitalist gains influence over the regulator, aka, regulatory capture.
minus-squareAzzu@lemm.eelinkfedilinkEnglisharrow-up1arrow-down2·1 year agoTo be a little more exact, capitalism is great, but only if each person has roughly the same amount of money, no matter what they do. That is what you’re trying to achieve with regulations.
Capitalism is great, but it absolutely must be tempered by regulation.
The problem comes when the capitalist gains influence over the regulator, aka, regulatory capture.
To be a little more exact, capitalism is great, but only if each person has roughly the same amount of money, no matter what they do. That is what you’re trying to achieve with regulations.