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harumph

(3,387 posts)
56. At some degree of unregulation when does capitalism become something else?
Mon May 11, 2026, 08:36 AM
11 hrs ago

In other words, is it just a "undesirable form" of capitalism we have or is it something else? When does quantitative decline in regulation amount to a qualitative difference. Isn't totally unregulated capitalism merely anarchism or the law of the jungle?
One of the basic aspects of capitalism is the willingness to commit capital to take on risk. What happens when risk is eliminated for the very wealthy? I would say that is a type of fraud that I have no name for - maybe some type of rent seeking - but not capitalism.

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At some degree of unregulation when does capitalism become something else? harumph 11 hrs ago #56
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