Capitalism is not inherently bad as such.

Free market competition makes sense. Lowest prices.

What we see right now in the USA, though, is a mafia. That has nothing to do with capitalism as such. It is a racket, a ponzi scheme. There are many variants of capitalism. Even the chinese adapted their variant to sinomarxistic ideals (to certain extent; I don't think today's main China is purely capitalistic nor purely sinomarxistic as it once used to be).

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Arainach an hour ago | parent | next [-]

The market abhors competition. The free market, absent government regulation, will always trend towards anticompetitive consolidation because it's far more profitable.

	▲	Gormo 7 minutes ago \| parent \| next [-]
		Individual participants in the market may abhor competition, but the market itself is made of competition. Government intervention is the principal mechanism by which powerful participants restrain other partipants' market activity, and insulate themselves from competition.
	▲	komali2 43 minutes ago \| parent \| prev [-]
		Cory Doctorow wrote about this: "Capitalists Hate Capitalism" > Capitalists hate capitalism. They don’t want to be exposed to the risks entailed by competition, and feel the goad of that insecurity. They want monopolies, or platforms, or monopoly platforms. They want assets, not businesses. https://locusmag.com/feature/cory-doctorow-capitalists-hate-...

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BSDobelix 37 minutes ago | parent | prev [-]

>Capitalism is not inherently bad as such.

Unchecked Capitalism always leads to Mono/Duopolies aka Mafia. The best of both World is maybe called Social-direct-democratic-capitalism.

>What we see right now in the USA, though, is a mafia. That has nothing to do with capitalism as such.

Has everything to do with unchecked Capitalism, go too far and both extremes end in a ~Monopoly, in Socialism/Communism it's mostly the State (China, USSR, Cuba etc.) in Capitalism a massive conglomerate of Enterprises (S.Korea, again "new" China, Russia, USA, India)