this post was submitted on 25 Jul 2024
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Definitely not saying it works pervasively, lots of jurisdictions work as plutocracies and have vacated any sense of public good. That some jurisdictions suck doesn't nullify the possibilities of cooperation and public good being the foundations of good governance.
I'd say it does. Because it's not an aberration. That's how capitalism works. If a corporation can Corner the market on a natural resource and screw the people over it will. That's by Design. That's why I don't trust any situation in which private ownership can own a natural resource that people rely upon. It will happen every single time.