this post was submitted on 03 Aug 2023
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I mean you are correct to some extent. But I'm curious, how does this not happen in a system where the state has full control? The only difference is the consumer has no other choices and the "politics" don't have to be paid for as they are already fully in control.
Unless you mean to say that by the good graces of the government they'd never do that in a state run economy because it's morally wrong. In which case... Lol
People who say things like that don't understand what regulations are or that better regulated capitalism is probably what they want
State-run authoritarian economies generally aren't so money-obsessed that they pull weird shit like this, but generally suffer from drastic inequality, distribution inefficiency, and a general lack of freedom and innovation. The most effective economic models from what I've seen are hybrid models, with a regulated market system with some nationalized industries. Morally though, I also believe that a nation's economic system should be democratic and that people should have a say in how their workplace is run and who their workplace leadership should be.