> Capitalism is not evil— it’s incredibly ingenious and productive. We all live ...

		paulryanrogers on Nov 25, 2023 \| parent \| context \| favorite \| on: Cash Cows > Capitalism is not evil— it’s incredibly ingenious and productive. We all live much better for it. Well regulated capitalism is the least worst of all. Even Adam Smith himself didn't imagine "the invisible hand" as some silver bullet. Unbridled capitalism, much as the US has had since the 70s, is just the transitional period leading to feudalism.

He relates a case where workers paid by the piece worked themselves into the ground.