Damus
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utxo the webmaster 🧑‍💻 · 78w
I want a lot of the same outcomes as progressives I just believe that only the free markets, private money and individual liberty can deliver it. Most importantly probably income inequality, crony ca...
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inpc @inpc
Same, I'm still not sure how free markets fix crony capitalism? I try learning as much as I can, I'm not exactly pro government, I've seen some of the corruption up close. I don't understand how folks don't become corrupt once the amass vast amounts of wealth, no one, to my mind, has solved the psychopath problem.

1% of humans are of that type and they appear all over the place, in government and in business. I try to keep an open mind but I've yet to find someone frame it in these terms.

Perhaps I need to read Hayek or something? He always comes across like a massive kill joy though.
utxo the webmaster 🧑‍💻 · 78w
If the government is so small it can't afford to pick favored companies, that vast wealth eventually gives way to more innovative companies through creative destruction There were times when ford, GE, at&t were the wealthiest companies But now the government just prints money and bails them out
arnaudom · 78w
Crony capitalism exists because state has too much power over people's life. I think that a state with little power reduces crony capitalism development.