this post was submitted on 05 Jan 2022
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It is natural for the capitalist state to be deregulated. And it is desirable that it be so that the system is fragile and incapable of fully controlling the masses. Of course, it is mainly used for tax evasion and in criminal or parasitic activities, but it is possible and desirable that it be used for noble causes.
Cryptocurrencies are helping palestinians and many other peoples and groups around the world.
I'd suggest that "natural" and "ideal" are not necessarily the same thing
I agree that it's natural for capitalism to be unregulated, because it is all-consuming and unsustainable by default, because it is inevitable that the few will centralise wealth, care only about their own interests, and subjugate the many
An ideal setup (for me) in a carefully-balanced capitalism would be to have equal power between the masses, the media, multi-national corporations, the wealthy, and the various levels of government: all would be doing important things in a society, but each is capable of holding the others accountable, none is able to gain control of the others
I believe we are very unbalanced currently, far from that ideal