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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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Asklemmy
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Most people who hate capitalism are focusing in on its evil brother, "unfettered capitalism". UC is a shit show which has created many of the problems we see today and is the unholy unity created when big business and the government combine. When done right, capitalism pushes to lower costs and improve services for consumers. Companies competing is a good thing. Unfortunately the greed of corporations knows no bounds which is when UC enters the picture and fucks everything up.
You say unfettered capitalism but then say that big businesses and government have combined. Those seem contradictory, do you think it was better when the government wasn't involved?
The government should be on the side of consumers/workers/the nation at large. Government is the only entity large enough to tame these larger corporations. You don't want them dictating the color and trim packages of Ford F150 that are produced, but you need government telling them that "hey, maybe dumping unfiltered burnt leaded gsoline into the air ain't such a good idea".
Unfettered Capitalism is, in part, when the government is on the side of big business to the determent of everyone else. In that case, the government is actively giving blank checks to these mega corporations - look at the Military Industrial Complex for examples. Or when sweetheart deals are made which blindly favor one company because the CEO is cousins with some lawmaker.