Originally posted by Odin
This shows you know jack about capitalism. All you need for capitalism is for investors to control the means of production, the economy must be dominated by corporations in other words. The sole purpose of corporations is to maximze the profit of it's shareholders, everything else be damned. The capitalists actually don't like free markets because it forces them to compete with each other and therefore gets in the way of profit maximization, so unless there are regulations in place corporations will band together and distroy the free market and then gouge the consumer.
This shows you know jack about capitalism. All you need for capitalism is for investors to control the means of production, the economy must be dominated by corporations in other words. The sole purpose of corporations is to maximze the profit of it's shareholders, everything else be damned. The capitalists actually don't like free markets because it forces them to compete with each other and therefore gets in the way of profit maximization, so unless there are regulations in place corporations will band together and distroy the free market and then gouge the consumer.
But I still say that capitalism is the natural result of freedom and not an ideology in and of itself.
Today's left hates corporations for an entirely different reason, of course. They would end private corporation entirely rather than rely on antitrust laws not because they favor free markets, but because they hate wealth.
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