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Why are folks so anti-capitalist?
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this post was submitted on 20 Jul 2023
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Oh FFS, the capitalist system shreds 'free' markets with abandon. Monopolies eliminate competition. Regulatory capture eliminates anti-monopoly regulations. Capitalism is the perpetual accumulation of more money by investing in the production of more commodities. It collapses when it cannot evolve to expand demand, as it did in the 1930's. As it is doing again now., although rather slowly, as it has learned how to use governments to mitigate financial collapse. It does indeed use 'markets' for exchanges, but it only cares about 'free' markets as an ideology. It's motivating force is accumulation. The 'greed at the top' is the system itself, not some bad apples.