Yeah, for some reason most anti-capitalists cite the bad parts of Capitalism and broad brush the entire concept. If humans can get together and collectively improve the world while feeding their families from the profits, there is no wrong doing. No one hands over profits, it’s earned and it’s a reward from the society through the mechanism of free markets. It’s probably the only thing I’d prefer to do instead of working in Academia or some other incentive structure.
I'm in no way against capitalism. As I say in my post, the only way forward is capitalism with extreme regulation. Without regulation, capitalism won't get you anywhere good. It should be treated like a bratty child with no moral values and poor upbringing. It has to be dragged, kicking and screaming, towards the good.
Partially agree. Extreme regulation also prevents incumbents from overthrowing big fat Big Tech like monopolies. Extreme regulation hurts small businesses disproportionately. That said, without regulation, you're right - it can eat the world.
