Difference between revisions of "Capitalists are not your friends."
From Critiques Of Libertarianism
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The central goal of a capitalist is capital accumulation, and capitalists compete to screw workers, consumers, other capitalists, and society out of everything of value. They will compete by fair means or foul, whichever is more profitable. | The central goal of a capitalist is capital accumulation, and capitalists compete to screw workers, consumers, other capitalists, and society out of everything of value. They will compete by fair means or foul, whichever is more profitable. | ||
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| + | [[Adam Smith]] was well aware of this, and warned against it: | ||
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| + | {{QuoteOne | The Wealth of Nations/contradicts}} | ||
Free market theory (predicts monopoly, cartels, etc.) | Free market theory (predicts monopoly, cartels, etc.) | ||
