If you blame "capitalism" for every harebrained regulation the EU rolls out it's going to start looking very stupid very fast, yes, correct
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tfw when people attribute to capitalism what literally fucking opens with "under Europe's rules..."pic.twitter.com/Yst2xLtp7A
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I mean, if you want to blame capitalism for something like skirting animal welfare to meet demand for cheap meat, OK. Let's talk. But half a second of reflection should suggest to you that the market is probably not demanding that airlines fly empty "ghost planes" across Europe
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It's only capitalism when they do it
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TIL Capitalism gave us mandatory cookie warnings
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I hate those soooooo much. Especially sites that cover the entire page to tell me something every other site has told me. There should be a flag I can turn on saying, yes I know how websites work.
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Most people who say capitalism is bad wouldn't even be able to explain what it is. Wokeism: "You don't need to know what it is as long as you know it's bad."
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Had the identical thought
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I’m waiting for Europe to regulate the regulations of the regulations and then ban the internet and then charge a tax to use a government controlled online dictionary. Nothing seems to make sense there.
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In the sense that "real capitalism has not yet been tried," maybe real capitalism and even-roughly-democracy are not actually compatible. Seems to me like this is the same kind of predictable failure mode as corruption under extreme state allocation, if not the same severity.
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On one hand, this take has a point. On the other hand, nobody believes that "pure capitalism" where there is constant negotiation over every transaction will ever occur---it's a mirage just like pure communism.
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There doesn't need to be constant negotiation over every transaction. Industries set standards and pro forma ways of doing things. The standards and forms must be *negotiable*, though, and govt. rent seeking via regs don't allow this.
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