- cross-posted to:
- RedditMigration@kbin.social
- technology@chat.maiion.com
- cross-posted to:
- RedditMigration@kbin.social
- technology@chat.maiion.com
Reddit is ending Reddit Gold and users are furious::undefined
Reddit is ending Reddit Gold and users are furious::undefined
Capitalism is great, but it absolutely must be tempered by regulation.
The problem comes when the capitalist gains influence over the regulator, aka, regulatory capture.
Capitalists love regulations and do a lot to make sure financial laws are in their favor and make great use of government handouts they help orchestrate for themselves.
Yes, this is called regulatory capture.