• ComradeSalad@lemmygrad.ml
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      1 year ago

      While still flawed and ultimately pale in comparison to socialism, his economic vision was still light years better then the utter dystopian hell we have entered.

  • trailing9@lemmy.ml
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    1 year ago

    Competition is key. If they work together, it’s to the detriment of all.

    The problem of capitalism is that managing the competition becomes too complicated. Additionally, competition leads to price distortions. That can also become problematic.

    The beauty of capitalism is that it rewards cooperation which makes it ugly because the lack thereof shows our deepest rifts.