capitalists: haha communists are so irrealistic
also capitalists: think corporations are good and customers are smart
also capitalists: think corporations are good and customers are smart
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@tuxcrafting
Ok, that's quite a strawman. Nowhere on the entire political spectrum except for radical centrists can you find anyone truly thinking that people are smart.
@LukeAlmighty True Capitalism only works if Customers are some sort of perfectly informed idealized mathematical model
@tuxcrafting ok, how do you define the true capitalism? I am interested in your argumentation.
@LukeAlmighty from what I understand the unregulated free market/ancap ideology is that customers will choose what's best for them, driving the good companies to innovate and lower prices, since a company doing bad stuff would have its products stop being bought
the problem is nothing prevents monopolies, especially if the given field has a large barrier to entry, and people in general aren't informed at all, enough marketing/pr makes crushing competition ezpz
the problem is nothing prevents monopolies, especially if the given field has a large barrier to entry, and people in general aren't informed at all, enough marketing/pr makes crushing competition ezpz
@tuxcrafting strange. You added anarchy to the mix. I don't want to argue, since I seriously have no horse in the race.
In my opinion, it's a paradox. The ancap capitalism cannot work, because it would lead to mafias and eventually government. And government regulation based capitalism leads to centralized power and eventual tyrany or socialism.
I just wanted to see your definition of true capitalism. That's all. Thanks.
