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Satanic_Doge t1_jbbazw0 wrote

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crustang t1_jbbsklq wrote

That’s a perversion of capitalism

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Satanic_Doge t1_jbgm88u wrote

No, this is the inevitable conclusion of capitalism: the capture of government by private interests.

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crustang t1_jbh3qga wrote

That’s the conclusion of libertarianism and incomplete Austrian economics (before Hayek realized his ideas as a younger man were bullshit).

The conclusion of capitalism is more or less a highly productive workforce that gets plenty of leisure time, amenities and financial safety nets provided by the state through pooled capital. Oh, and most taxes are levied against the value of land, not income.

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