this post was submitted on 11 Jul 2023
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Only thing worse than free market capitalism is state sponsored. Decades of the fed flooding the big banks with capital to loan, taxes taken from everyone but the largest corps, and regulatory capture (see copy right for this topic), and we get corporations that demand difficult anti trust actions just to slow down.
That's not a black and white system, it's not one or the other. Every system will have aspects of both in them.
Thats not true there are systems that are non-market, non-capitalist, and non-statist.