Post #45992
2025-12-09 17:39 UTC
It was regulated. They captured the regulators. That’s the whole point. It could never have gone any other way. Capitalism breeds greed. In everyone. And when a greedy person sees another person doing something highly immoral and abusive to their customers, they don’t think, “my God! We have to stop it!”
They think, “that’s a good idea. How can I get MINE?”
Replies (1)
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@lmmarsano@lemmynsfw.com 2025-12-10 20:41
It was regulated. They captured the regulators. That’s the whole point. That’s a criticism of the political system, not the economic one. Government deficiencies not intrinsic to an economic system fail as criticism of the economic system.