I feel like you’re missing the economic system vs. the government system. Those are two separate entities that must be controlled for.
Mu point here is that capitalism is a fucking mess, with no government controls. Of course it is! As with any economic system.
politics and economy are not separate worlds. capital, monopoly or not, is political power greater than any vote or government seat
what sense does it make to keep the ruling class in check while letting them keep their power?
can you make a benevolent mafia by taxing the racket and breaking up mafia monopolies?
Well yeah any economic system requires government oversight to be effective but that’s because there isn’t really a decoupling of government and economics. Our current governments around the world are primarily representative democratic nation states and they are neoliberal capitalist institutions. These are not separate, both have evolved alongside each other and we are currently seeing them crack under pressure together. There is no point in making this distinction at the macro level.
Surprise! The system of accumulating power was used to gain power to influence the government to let them gain more power to influence the government to let them gain more power to influence the government… Ad infinitum.
Government regulation of capitalism is fundamentally impossible in the long term, unless you lock it down early into something barely recognizable as capitalism. That ship has sailed long long ago.
daannii@lemmy.world 5 days ago
Uh… Government controls the economic system by laws and enforcement of said laws.