In the US: I’d prefer stronger protections against externalities (so pollution and so on). Removal of IP protections, deregulation of drug production but also drug companies losing protections so they can more easily be sued. Easier medical licensing. Ending federal student lending, so universities have to lower prices. Open borders. And I’m sure many other things. So, I’d say making it more capitalist, but I guess it somewhat depends how you define capitalism.
I think we put our faith in different forces. Aside from the suing, I feel like this would unleash capital to roam the world, sucking up all value before zipping off, to the next fallowed region.
Haha, yeah my beliefs are not based on utilitarian good. Instead they are based on a basic belief in individual freedoms. I do hope they will have a utilitarian benefit, but I would support them even if they didn’t.
Well there we have it then. I would be an anarchist if I had more faith in people and the society we’ve built, but I don’t think people will self regulate without some big systemic or philosophical advances.
https://en.wikipedia.org/wiki/Authoritarian_capitalism
This is a mixed economy, not a capitalist one.
By that standard no capitalist country exists.
Capitalists don’t care much for ideological purity.
Yes? Essentially every economy is mixed to some extent.
So what would be a better mix?
In the US: I’d prefer stronger protections against externalities (so pollution and so on). Removal of IP protections, deregulation of drug production but also drug companies losing protections so they can more easily be sued. Easier medical licensing. Ending federal student lending, so universities have to lower prices. Open borders. And I’m sure many other things. So, I’d say making it more capitalist, but I guess it somewhat depends how you define capitalism.
I think we put our faith in different forces. Aside from the suing, I feel like this would unleash capital to roam the world, sucking up all value before zipping off, to the next fallowed region.
Haha, yeah my beliefs are not based on utilitarian good. Instead they are based on a basic belief in individual freedoms. I do hope they will have a utilitarian benefit, but I would support them even if they didn’t.
Well there we have it then. I would be an anarchist if I had more faith in people and the society we’ve built, but I don’t think people will self regulate without some big systemic or philosophical advances.