• Corkyskog@sh.itjust.works
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      3 hours ago

      That’s not unregulated capitalism, it’s mixed regulatory, with regulatory capture capitalism.

      Unregulated would mean that I could set up a lab in the basement of the abandoned farm building next door and produce untested insulin cheaply enough to undercut the whole market.

      • SupraMario@lemmy.world
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        3 hours ago

        Someone gets it…we don’t have capitalism, we have a system where regulations are used by corps to buy politicians to kill their competitors.

    • Samvega@lemmy.blahaj.zone
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      9 hours ago

      I’m not sure you can regulate exploitation out of capitalism, it’s essential to making a profit.

      • xmunk@sh.itjust.works
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        9 hours ago

        There are semantic arguments that run counter to this but we absolutely could have a system that resembles our current one but with regulations for the truly insane exploitation.