Comment by rapsey
3 days ago
Those are all results of political corruption, not capitalism. It is the government's job to set the ground rules for the economy.
3 days ago
Those are all results of political corruption, not capitalism. It is the government's job to set the ground rules for the economy.
Political corruption is a consequence of capitalism. Taking over the political system provides a huge competitive advantage, so any entity rich enough to influence it has an incentive to do so in an competition based economy that incentivizes growth.
When did Political corruption not exist? In what system in history did the people in power have so few rotten apples that corruption was an anomally? Blaming corruption on capitalism is silly. As long has worldhas resources, people want control of reasources, and bad actors will do bad actors thingies.
You're right, political corruption is a problem in other systems as well, not just capitalism. I guess it would be more accurate to say that power concentration causes political corruption. We should try to figure out if it's possible to manage the economy in a way that limits the amount of power any individual can have to such an extent that corruption would be impossible.
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