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510 points bookofjoe | 1 comments | | HN request time: 0s | source
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paultopia ◴[] No.46182507[source]
At a certain point we have to acknowledge that a huge share of our economy is just raw predation.
replies(6): >>46182576 #>>46182895 #>>46182906 #>>46182928 #>>46184673 #>>46184782 #
1. swatcoder ◴[] No.46182895[source]
We might also acknowledge that a pretty significant share of people do know that already and just shrug their shoulders to it, convinced that it's better to allow for that than do anything about it.

There's been a lot of work put into distilling "free market" into its most radical interpretation, and lots of people just aren't open to bringing much nuance or pragmatism to bear upon it any more. Many lessons learned painfully in late 19th and early 20th century have been forgotten and the counterweight and containment policies that they earned now tend to get ignored or dismantled.