this post was submitted on 28 Jun 2025
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This — if capitalism could be contained by government it would do nicely, but it ends up corrupting government so that it cannot function.
It's the basic idea behind ordoliberalism – companies get free reign until their actions start harming the common good, at which point the government imposes fair rules to even the playing field. It's... reasonably functional as far as political theories go. Still wildly suboptimal, though, and not long-term stable against the influence of hyper-wealthy entities.