this post was submitted on 18 Jan 2026
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Unregulated capitalism isn't meritorious, it's meretricious, that's clear as vacuum unless one believes in the magic of competition correcting every inefficient behaviour instantly. All the time, companies put failsons or useless nephews and nieces to undeserved posts, elevate people into managers based on arse licking, or sometimes bring in Econ infants with no clue what's going on due to a perceived competence. Entire ecosystems built to leave nobody higher than an intern holding the bag when shit hits the fan, even if it means absurd amounts of labour time and resources wasted.
Anyway, the political compass is just another Facebook personality test. All ideologies sitting on some convenient spectrum is frequently just as thought terminating as liberal vs conservative.
From what I understand, it came out of libertarian circles as a way to depict their politics as just one of the four main political tendencies and not just fringe crank shit.
You would have to ignore capital's tendency to concentrate. Then, egregiously, you'd have to pretend like playing dirty doesn't confer an advantage. Substituting lower quality ingredients in name brand products cuts costs just as surely as eye pokes make MMA fights unpleasant. And presumably the more you want the market to deal with it, the less you want a referee. So they could make a higher quality snack cake, but they're not going to, because of the implication. And besides, who's going to buy that shit when you fully separate the haves and the have nots when the haves could hire private chefs and the moderately well off account for some 5% of all consumer spending because they are so few and far between.
And that's before you even consider your other point about nepo babies and wanting to work around your friends as opposed to someone more qualified. When you're the only show in town and it's prohibitively expensive and there's a horrible aura around competing with you ゴゴゴゴゴゴ you can squeeze the expertise for a dwarfed salary