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J. Løvstuhagen
J. Løvstuhagen friendica

Anti-Capitalism

I am just not that much of a Capitalist.

I understand that the free market based theories accurately describes the circumstances by which business flows and the market booms, but it does not describe a world in which I want to live.

I also believe it is entirely possible to make the market subject to the desires of the people as opposed to making the people subject to the market.

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Nanook
Nanook friendica
I realize some people prefer starvation. I'd be okay if I could be excluded from their crowd, but like the Bolshevik revolution showed, that's never a choice.
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J. Løvstuhagen
J. Løvstuhagen friendica

I am definitely not a Communist but I believe that the economy can be regulated effectively, and it can certainly be taxed.

Businesses today are taxed at rates that far surpass what was normal in the old days, yet the market thrives.

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Nanook
Nanook friendica
@J. Løvstuhagen What you don't want is a situation where a substantial portion of people are dependent upon government, because being dependent means the government has the power and you have no freedom. And government in general doesn't do a good job of managing supply and demand. Problems come when you have businesses influencing government in a big way or you have monopolies. We have legislation on the books that, if it were actually enforced, would prevent both, but it isn't.
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J. Løvstuhagen
J. Løvstuhagen friendica

Right, that is not what I think anyone wants - I do not want people dependent on the government for handouts, but I also do not want corporations acting tyrannically and establishing monopolies.

The government should protect us from others and that includes the predatory practices of industry.

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Nanook
Nanook friendica
@J. Løvstuhagen As I stated there are laws on the books and if they are enforced address such things, the Sherman Antitrust Act being chief among them when it comes to monopolies.
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