• Dr. Moose@lemmy.world
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    3 hours ago

    Fully agree. Capitalism with strong safety net and social oversight is a really good system.

    • Social safety net promotes risk taking for businesses, grows economy and balances society against extremes
    • Social oversight prevents entities from gaming the system. There has to be a human dungeon master behind every system as every system can be gamed and corrupted within the rules of it. So external oversight is needed.

    People like to hate on capitalism but capitalism + social oversight is really the best system.

    • FlyingCircus@lemmy.world
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      1 hour ago

      Hard disagree. Any system that allows private accumulation of capital will create a class of wealthy individuals who then use their wealth to dismantle checks and balances. It’s inevitable.