Flippanarchy

I like to link to https://en.m.wikipedia.org/wiki/Crony_capitalism because without the people who abuse the system, it would be a lot better. We need to close these loopholes, but of course rich people have the money to keep them open or find new ones.

Removing loopholes that the cronies exploit and removing tax havens, etc (other tax loopholes) would (in my opinion) make leave us in a much better state that we currently are in.

We hate crony capitalism not just capitalism on its own I believe.

Edit: hope this isnt recycled

clears throat

Markets are not evil in and of themselves.

Concentrated capital and poor market controls lead to unfair outcomes.

Markets can be an efficient way of distributing goods, even under socialist structures.

People blame the concept but forget it was someone's life philosophy of survival in their environment at the time. It's better to de-abstract and use your best judgement from case to case. It makes more sense. You'd end up mixing a whole bunch of ideologies without realizing.

there's positives from it and negatives. stuff like large wealth inequalities can be easily fixed with progressive tax rates. it all depends on how its done

I've never seen anyone on lemmy actually defend capitalism.