Capitalists do not seek regulation.
Corporatists do, and they do it to entrench themselves and build barriers to entry to mitigate competition.
Be extremely sceptical of anyone saying we need regulation of anything.
Capitalists do not seek regulation.
Corporatists do, and they do it to entrench themselves and build barriers to entry to mitigate competition.
Be extremely sceptical of anyone saying we need regulation of anything.
I could not agree with that more.
Corporatists makes it seem like the companies or public market wants regulation, but they are part of capitalism. Regulators or any form of government want regulations because it justifies their existence and gives them control of the ultimate honey pot, the market if capitalism.
We must ban together with corporations against the state in a Magna Carta moment if we are to free the market again.