Remix.run Logo
brightball 3 hours ago

Capitalism will lead to:

- Lots of options competing on quality, price, user experience, user needs

- Every marketplace innovation that we talk about on this platform

So somebody might offer exactly that and if it's a good option, people will use it. If it's not, they'll use an alternative.

Government regulation will lead to:

- Giant entrenched companies that are difficult to disrupt thanks to insider connections

- Lack of competition, price increases, terrible customer service and pretty much everything that "anti-capitalists" today complain about in regards to capitalism.

a2ff6eeb0 3 hours ago | parent | next [-]

*gestures at prices*

FeloniousHam 2 hours ago | parent | next [-]

In Soviet Russia, prices so low no inventory left!

CaptWillard 38 minutes ago | parent | prev | next [-]

Quantitative easing and fiscal stimulus entered the chat a while ago.

brightball 2 hours ago | parent | prev [-]

gestures at supply and demand

a2ff6eeb0 an hour ago | parent [-]

Yeah. It's not working to lower prices.

easywood 2 hours ago | parent | prev | next [-]

So, government regulation will lead to all bad things we see today in capitalism? But capitalism won't. This is not very sound logic.

brightball 2 hours ago | parent | next [-]

Theory holds so far.

Everything government involvement touches gets more expensive. See healthcare, college tuition, student loan debt as some easy examples.

IneffablePigeon 2 hours ago | parent | next [-]

Two of those are the same thing and both are much cheaper in countries other than the US where the government is much more involved

twalla 2 hours ago | parent | prev [-]

That’s odd because spend on all of those things per capita is consistently lower with better outcomes where they’re socialized.

iamacyborg 2 hours ago | parent | prev [-]

Hey now, let’s not burst his utopic bubble.

mullingitover 10 minutes ago | parent | prev | next [-]

Capitalism doesn't exist without government regulation. Who's going to enforce the contracts? Who's going to break up the giant entrenched companies rent-squeezing every cent out of their natural monopolies, and then using their illicit gains to crush any would-be competitors as they ooze into other markets?

Literally everything listed for 'government regulation will lead to' can and has happened in unchecked capitalism. Insider connections rule everything right now in this current regime of chest-beating 'capitalists.'

Capitalism and socialism aren't real things outside of freshman year econ textbooks.

LeBit 2 hours ago | parent | prev | next [-]

Pure hn libertarian moment

brightball 2 hours ago | parent [-]

Truth doesn't change with the day.

seanp2k2 2 hours ago | parent | prev | next [-]

for all values of spherical cows in a vacuum

thesuitonym 2 hours ago | parent | prev [-]

> Government regulation will lead to: > > - Giant entrenched companies that are difficult to disrupt thanks to insider connections

Oh, you mean like Apple, Google, and Microsoft?

> - Lack of competition, price increases, terrible customer service and pretty much everything that "anti-capitalists" today complain about in regards to capitalism.

Have you looked around? This is already happening.

brightball 2 hours ago | parent [-]

Yes, absolutely.

And it leads to comments like the parent blaming "capitalism"