I mean not really? Because currently capitalism as an economic engine is actively preventing these outcomes. And basically by design. How do you explain that?
The USA is also a good example how the markets can get in the way of the regulation and of free markets. The players in the free market don’t really benefit from being in a free market. They have every incentive to change that.
I mean not really? Because currently capitalism as an economic engine is actively preventing these outcomes. And basically by design. How do you explain that?
A lot of capitalist countries have free healthcare. So how is capitalism preventing that?
Because in those countries it was regulated enough?
The question you need to answer is why countries like the US don’t and if you disagree that capitalism didn’t have anything to do with it
Well yes, regulation is often needed to ensure that markets remain free and the USA is a great example of how that can fail.
The USA is also a good example how the markets can get in the way of the regulation and of free markets. The players in the free market don’t really benefit from being in a free market. They have every incentive to change that.
it isn’t true, so I don’t