To expand...one of the biggest goals of a capitalist is increasing profit. What better way to do this than to take over and manipulate the government of whatever state you're operating in to cut you special breaks? It's the pinnacle of capitalist achievement.

You create laws to regulate it...the capitalists will manipulate them and control your government anyways.

You loosen regulations to "promote competition" or whatever excuse they use, and then there's nothing stopping them from fucking you even harder. Capitalism and the state are always intertwined, one feeds off the other. Even the Soviet Union was sometimes said to be "state capitalist", where basically the entire country was under control of one "corporation".

[–] affiliate@lemmy.world 5 points 1 year ago

this a good explanation.

capitalist apologists love to invent new terms like “corporatism” and “crony capitalism” that basically just mean “every problem with capitalism”. they then say “capitalism isn’t the problem, the problem is crony capitalism” which makes about as much sense as saying “capitalism isn’t the problem, the problem is all of capitalism’s problems”.

[–] trailing9@lemmy.ml 1 points 1 year ago

One person has a limit to the complexity that they can control. You need the masses and a working state to control other billionaires. Only then will you be able reach new levels of complex production processes that allow to do new things.

Of course, for some it is fulfilling to just be at the top.