Lol you just provided the simplest counter to the most common capitalist argument.
“You don’t understand capitalism, bro. The problem isn’t capitalism, it’s the regulation on capitalism. Under a true capitalist system, there can’t be monopolies because capitalism rewards competition.”
Ok so what happened to all the reddit apps
Edit: I really like the reddit app example because it’s simple: no regulation or anti-capitalist force made them to that, it was literally just a capitalist decision.
But regulatory capture is an important part of capitalism, and no matter how many ancap bullshit artists say otherwise, government is absolutely part of the capitalist plan. Giving the workers a “say” (or the illusion of one) keeps them a bit quieter, but more importantly, having a government outsources a lot of crap they would otherwise have to pay for, like infrastructure, which would be a huge strain on profits.
In fact, the ancap bullshit idea that unregulated markets would improve things is an artificial limitation on capitalist power. Total lack of regulation is a restriction on capitalism.
Lol you just provided the simplest counter to the most common capitalist argument.
Ok so what happened to all the reddit apps
Edit: I really like the reddit app example because it’s simple: no regulation or anti-capitalist force made them to that, it was literally just a capitalist decision.
But regulatory capture is an important part of capitalism, and no matter how many ancap bullshit artists say otherwise, government is absolutely part of the capitalist plan. Giving the workers a “say” (or the illusion of one) keeps them a bit quieter, but more importantly, having a government outsources a lot of crap they would otherwise have to pay for, like infrastructure, which would be a huge strain on profits.
In fact, the ancap bullshit idea that unregulated markets would improve things is an artificial limitation on capitalist power. Total lack of regulation is a restriction on capitalism.