Donald Trump’s new security directive labels anti-capitalist beliefs as a predictor of political violence. The irony: left-wing structural analysis actually pushes people away from lone-wolf attacks and toward mass organizing for change.
Donald Trump’s new security directive labels anti-capitalist beliefs as a predictor of political violence. The irony: left-wing structural analysis actually pushes people away from lone-wolf attacks and toward mass organizing for change.
Capitalism =/= free market
There’s a fundamental contradiction in the definition of a free market. To some, it means a competitive market. To some, it means an unregulated market. But there can be no competitive market without regulation: without regulation, it almost immediately degenerates into oligopoly and anticompetitive market-rigging among the players. Businesses hate nothing more than they hate competition.
That great cheerleader of capitalism Adam Smith (the original guy, not the twat using his name now) knew that.
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”
That’s from his classic work, The Wealth of Nations.