lightrush

Marxists believe Socialism is what Capitalism is necessarily leading to because decentralized markets form centralized monopolist syndicates with complex internal planning

Jesus fucking Christ, I was just talking to a friend about how big corporations with hundreds of thousands of employees resemble centrally planned economies, and how consolidations creates them all around us and the only thing stopping them from becoming fewer is the attempts of some governments that haven’t been regulatory-captured yet to stop it. But regulatory-capture increases with wealth accumulation so if you keep running the system, it tends to total central planning. I haven’t read Marx and neither has he.

On a separate but related point - what stops the system from being somewhat disrupted by labor in a way that redistributes huge amounts of the accumulated wealth, restoring the regulatory regime in favor of labor and restarting the cycle from that point, then repeat. In other words, what’s stopping it from doing a depression-FDR-redistribution every 100 years? I can absolutely see the inevitable end without labor intervention but to my current brain it seems possible to maintain it with. Is this wrong in some obvious way?

Well it’s not the government doing this it’s private insurance companies. You’re free to shop around or start your own insurance company. This makes me feel much better about gatekeeping healthcare. 🦅🇺🇸

Whatever makes you sleep at night. ☺️