this post was submitted on 10 Aug 2023
62 points (93.1% liked)

Memes

3947 readers
10 users here now

Good memes, bad memes, unite towards a united front.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] QueerCommie@lemmygrad.ml 6 points 1 year ago (7 children)

You know your “capitalism” will inevitably turn into “corporate capitalism.” If there is a free market and competition then there will be winners and losers and the winners will grow larger while the losers disappear. Eventually there will be so few competitors that monopolies will form which are able to charge monopoly prices while paying workers almost nothing. We define this monopoly version of capitalism as imperialism, but if you describe it as crony capitalism you still can recognize that capitalism will inevitably evolve that way.

load more comments (3 replies)