this post was submitted on 18 Feb 2025
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Breaking: Major banks respond following RBA decision to cut interest rates (www.abc.net.au)
submitted 2 weeks ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 1 points 2 weeks ago (1 children)

Eventually capitalism will eat democracy if you let it.

"Eventually". Cool.

Is there a better system than capitalism? Nope.

[โ€“] [email protected] 1 points 2 weeks ago

You can have the Scandinavian model where the worst externalities are counteracted by government (with high taxes, no privatisation of important public services, etc).