this post was submitted on 28 Jan 2024
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Yup, and it's inevitable that weeds will grow in one's garden and it's inevitable that the viscosity of oil will break down in an engine and it will seize up.
Many things require maintenance. Capitalism is not different. Gotta do some trust busting now and then. Add some regulations on some industries in places where it makes sense.
Capitalism is a machine, and like any machine you have to do maintenance so it works well. Just gotta change the oil sometimes, no big deal.
Except none of those things try to take over the state through bribes and corruption. Capitalist enterprises do exactly that. How do you solve that problem?
Regulations are great, and we should have them; however, there's a reason they don't end up reversing the trend.
That's because if the capitalist enterprise doesn't grow, it stops existing. The very reason companies exist is the premise of them getting bigger, producing ever higher profits. Otherwise, the investments don't come, liabilities accumulate, and company dies.
You literally can't have one without the other, growth and profit are key drivers of capitalism. The very premise of growth is what makes these companies worthwhile for investors and owners. Without it, there is no sense in starting an enterprise in the first place.
(Also, for the sake of clarity - it's not me who downvotes you. Feel free to keep the discussion going, I have no issue with it)