The technological innovations of the last fifteen years, from advertising enshittifcation to AI cheating, have largely been a disaster. We are sadly at the point where, as Ted Gioia says, “mo…
No unregulated capitalism is super capitalism.
Regulated capitalism is capitalism we actually try to get to work as intended or “normal” capitalism.
Social democracy is “Caring” capitalism. Where free markets and capitalism still exist, but is regulated to prevent exploitation of ordinary people.
Normal capitalism has a drive to become super capitalism. You can try to stop it, maybe you’ll succeed, but it will always strive to turn itself into super capitalism.
No, that’s the opposite of capitalism.
No unregulated capitalism is super capitalism.
Regulated capitalism is capitalism we actually try to get to work as intended or “normal” capitalism.
Social democracy is “Caring” capitalism. Where free markets and capitalism still exist, but is regulated to prevent exploitation of ordinary people.
Normal capitalism has a drive to become super capitalism. You can try to stop it, maybe you’ll succeed, but it will always strive to turn itself into super capitalism.