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lolbertarians are some of the dumbest people on earth.
okay, let’s say it is “crony capitalism run by the state” (he doesn’t mean state capitalism, he doesn’t know what that means)
what else can capitalism become, especially without extremely strict regulation and wealth/income caps- all things these people are against? and to the extent that the state has its hand in the economy, is it not ONLY to benefit corporations? they’re not regulating these companies or anything to any meaningful degree. so if the government is bad because they only serve big business, even in their own completely nonsensical analysis, doesnt that still make capitalism the problem?
out of curiosity, how would employment look in a situation like that? if there’s a small privately owned business, is the owner expected to do all of the work themselves? does the entire amount of profit get divided evenly among the owner and all workers? if not then i have to disagree, because then you have exploitation happening. one person earning more than everybody else in other words means everybody else takes a paycut to pay for that one person to have more than everyone else. and even on a small scale that’s a very slippery slope and it comes with social implications that are in my opinion detrimental to society as well as bad for each person’s individual mental development in that it reinforces that relationship and normalizes the exploitation and competitive mindset at its core. there’s nothing inherently wrong with competition but society needs to be set up in a way that socializes people into a mindset of cooperation rather than competition. as the dialectics are in motion and socialism becomes more and more realized this should be the natural result. the same idea applies to what happens when private ownership is allowed. what that looks like evolves over time and people adapt to those conditions and we end up where we are now.
USSR had workers' cooperatives, but didn't allow full-fledged private businesses after NEP was ended.