Quote:
Originally Posted by Isbjørn
Capitalism is an inherently unstable system, regardless of the amount of state control, and whether the currency is based on a gold standard or not. "Real capitalism", is unrealistic, since the US corporate oligarchy is a natural consequence of monopolization, which in turn is a natural consequence of capitalism. And I don't think "real capitalism" would be any better for the working/middle classes.
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I mean, it's still better than the monarch it fell out of. But the motivation was largely monetary on the ruling class's part: If you let people own their own property, and especially means of production in the state, they are more productive and while your slice of pie gets smaller, the whole pie gets larger.