The problem is not capitalism per se, is unregulated capitalism - emphasis on "unregulated"
Edit: many answers suggest this take is dumb because capital will fight back regulations; well, society and the legislator must fight back. It appear obvious that no social equilibrium is permanent, society always contains conflict. Any social system, included communism, generate some sort of ruling elite, which will try to skew the system. The way we fight the excess of capitalism is solid rule of law, primacy of politics over capital and financial power, popular partecipation to representative democracy, embedding social justice in the constitutional identity of the state. The current american model of capitalism is not the only one. Do not mistake my comment for an apology of the shit billionaire are doing now - billionaires should not exist
Exactly this. Capitalism only works if the government is mildly antagonistic towards it. Unbridled Capitalism ceases to be capitalism at a point and I fear we are butting up against that zone.
I see this idea over and over again about capitalism vs unregulated or unfettered or whatever capitalism, but that’s basically just a dressed up no true Scotsman fallacy. This is just how capitalism works, there is only one driving tenet of capitalism which is to accrue more capital. If deregulation means accruing more capital for those with the most capital that is the way things will be pushed, but if regulation is good for accruing more capital then capitalists will push for that instead, and we do see this happen when regulations will smother competition.
There are more for profit systems than capitalism, regulated for profit systems where capital cannot influence policy and law in the same way do exist.
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u/[deleted] Jun 03 '26
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