Oddbean new post about login | logout Talk to the Republicans that keep blocking price gouging bills brought by Dems to address these types of issues that they don't want to fix so it gives Trump a talking point to campaign on. You all should be pissed about this, not just restaurants. This is the oligarchs flexing their muscles and unfettered capitalism that MAGA is fine with apparently. https://video.nostr.build/ed29b5f0c73ff6bb8f74799431b92d66cddfd66bd62de027e8cd1a18f6c2f757.mp4
Price gouging would not be possible in a true capitalist system. The only way a business could price gouge is if they were a monopoly. The only way monopolies can exist in this world is leveraging the fulcrum that the monopoly on violence (government) provides.
Capitalism is evil with out checks and balances. Oligarchs can't be trusted not to give in to their base instincts to hoard their wealth. It is caveman behavior in a modern world and they need to be reigned in.
That has already happened, the system is already some form of socialism. The game is rigged against the average citizen already. It’s not capitalism, not even remotely
"excessive accumulation of capital isn't capitalism, that's socialism. capitalism is when equality."