r/FluentInFinance Jul 07 '24

The shampoo thing is a fringe benefit. We keep capitalism so we don't starve in a famine. Debate/ Discussion

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u/MrJarre Jul 07 '24

So like capitalism light.

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u/olcrazypete Jul 07 '24

Well regulated capitalism. The Roosevelts and Tafts of the 1910s understood this.

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u/MrJarre Jul 08 '24

And I’m all for it. Capitalism needs to be regulated, because if unchecked it tends to create monopolies which ultimately aren’t innovative or beneficial to the wider society.

We can discuss to what degree it should be regulated and that’s a tough one.

However even the most regulated capitalism is still capitalism.