@the_transit_guy Deregulation is good *if and only if* there is sufficient competition in the industry, enough to make it impossible for a small group of corporations to dominate (restaurants are a good example). I’m not convinced this infrastructure exists in the finance industry right now.

@theodorebeers @the_transit_guy Respectfully disagree. Media of all kinds highlight only the negatives. The reality is that average Americans are some of the kindest people in the world.

@TaleraRis @ronwooten91 @jasonc_nc Yeah I definitely acknowledge this is a potential problem. Second order effects don’t seem like they’re being critically considered. At least from the outside looking in.

@worldchrisis @jasonc_nc Not to foreign aid, but for our daily lives. The government shouldn’t be taking your money so they can give it to middle men consulting corporations lining their own pockets under the guise of “foreign aid” (if the article is accurate in their assessement)

@worldchrisis @jasonc_nc 100%. CMS, Defense, and hopefully the Fed are next.

@worldchrisis @jasonc_nc Point being: your tax dollars and my tax dollars are going to this. You and I would’ve spent this money more wisely if it hadn’t gone to the Gov.

@_oddfox_ @jasonc_nc We need both. Stability requires efficiency. Government’s revenue comes from peoples’ labor (taxes). If those taxes aren’t being applied efficiently, you’re throwing your own peoples’ work down the drain. This can lead to massive instability.

@byHeatherLong This is a national emergency. Free markets breed innovation and increase the wealth of the middle class. Small businesses are evidence of a thriving free market. No small businesses = no free market.

@magattew Examples of capitalism that benefits everyone: Restaurants, spas, barbers, tailors, handcrafted goods - almost anywhere small businesses exist.

@magattew @naval The antidote for Marxism is personal success. When people get fit or start a successful business, they realize that personal responsibility is infinitely better than state-enforced responsibility. Help others succeed, and they will rapidly lose interest in Marxism

@bigblackjacobin The West stereotypes China as communist, but as Khan argues here, they’re doing capitalism better than us

@jandrese @rsweetchaos613 @bigblackjacobin The industries that have monopolies are not free markets. Healthcare insurance, for example, has never been a free market. It was red-taped by government favoritism from the start. Low competition = corporations can exploit all they want

@NSKinsella @Lieboisout For me, capitalism = the free market. High competition, low barriers to entry. Examples: restaurants, spas, barbers, tailors, handcrafted goods - almost anywhere small businesses exist.

@CeeDeeWai @DinerOpinion @n3ro @ATabarrok By true free market, I mean: high competition, low barriers to entry. When there’s enough competition, it becomes nearly impractical for one player to monopolize. Example: restaurants. Chipotle could never prevent mom/pop taco trucks from thriving.