It's an inherently volatile system. Capitalism, if left completely to its own devices w/o gubbamint interventions would result in massive monopolies and cartels which would then become bloated stagnant and inefficient just like any bureaucracy.
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Replying to @Banned_Ali @enjoy_murph and
I like to compare it to an ecosystem, wherein the appearance of equilibrium is actually maintained by cycles of catastrophes: herbivores get populous-> eat all the plants->famine->equilibrium Carnivores get populous->eat all the herbivores->starve etc.
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Ya anything that gets out of balance will eventually have to rebalance itself whether it wants to or not.
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IMO this rebalancing is artificially being forestalled by corporate/govt intervention. Which just means that when the crisis hits, it'll be that much worse.
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If the problem would have been dealt with in 08 we might be in better shape today but I have no illusions about what's coming in the near future and it ain't gonna be pretty.
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They should have let the financial sector take the hit. The financial sector would have then fixed their own problems because they didn't want to take a hit again. This correction never occurred because govt didn't want anyone to suffer the consequences.
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I think the solution would have been to break them up and create smaller institutions thereby reducing the risk to the whole country if a few of them behaved badly. Kind of like what Roosevelt did with Standard Oil.
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Going back to my ecosystem analogy, the govt.'s job ought to be to engage in wildlife-management, culling, etc. to prevent/mitigate crises. Instead they're feeding an ever-increasing population of wolves because for some inexplicable reason they *keep running out of prey*.
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Like a referee who officiates, without prejudice, a good game. I'm more into the sports analogies sowry. :)
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I don't think that's quite right here. A ref's job is to ensure the rules are followed. It's not his job to keep the game going as long as possible in a more-or-less static state. If one team absolutely crushes the other but plays fair, the referee is doing his job.
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Apologies in advance for the pedantry. 
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