this post was submitted on 14 May 2024
319 points (95.4% liked)

United States | News & Politics

7181 readers
507 users here now

founded 4 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] some_guy@lemmy.sdf.org 150 points 5 months ago (2 children)

We can’t let stopping climate change get in the way of capitalism!

[–] ed_cock@feddit.de 1 points 5 months ago (3 children)

That's protectionism, not capitalism.

[–] jaspersgroove@lemm.ee 29 points 5 months ago* (last edited 5 months ago) (1 children)

Tomato, tomato. The free market is a myth, there is no part of the economy that goes without manipulation. Anytime business owners can’t directly manipulate the market themselves they bribe governments to do it on their behalf.

[–] NotAnotherLemmyUser@lemmy.world 6 points 5 months ago

I don't think anyone is arguing that a pure free market exists.

Having a capitalist economy doesn't mean that you have a pure free market anyway.

Although there are libertarians that would like to have a free market like that, every capitalist economy has regulations in place in an attempt to prevent monopolies and/or businesses having too much power in one area.

[–] Kalkaline@leminal.space 17 points 5 months ago (1 children)
[–] ed_cock@feddit.de -2 points 5 months ago (1 children)

No, protectionism exists outside of capitalism and even somewhat goes against the idea of capitalism, especially the free market kind.

[–] Kalkaline@leminal.space 8 points 5 months ago (1 children)

That's theoretical capitalism, in practice there is no free market.

[–] ed_cock@feddit.de -1 points 5 months ago* (last edited 5 months ago) (2 children)

Bait or brain damage. Call it

[–] frippa@lemmy.ml 3 points 5 months ago (1 children)
[–] ed_cock@feddit.de 1 points 5 months ago
[–] some_guy@lemmy.sdf.org 1 points 5 months ago

Ooh, good point.