• Corkyskog@sh.itjust.works
      link
      fedilink
      arrow-up
      17
      arrow-down
      1
      ·
      2 months 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
        link
        fedilink
        arrow-up
        11
        arrow-down
        1
        ·
        2 months 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.