Exactly, and trying to fix the problem with regulations is only a temporary bandage to a problem that looks a whole lot like a shotgun wound.
The thing about social democracy (regulated capitalism) is that it is a system that leaves the wealthy in charge of everything. This will inevitably lead to corruption solely because of the fact that corruption is possible to begin with.
It’s like putting a box of matches next to a campfire expecting it to never light on fire when there’s a bucket of water next to it that you can dunk it in, except the bucket is behind you and everyone keeps telling you to not look behind you because it’s dangerous.
My proposed solution? Hard wealth cap at $50m via wealth tax of 100% above that number (also closing all tax loopholes), force all corporations to split up to local, worker-owned coops (which also has the intended side-effect of abolishing the stock market), and provide all basic necessities free of charge paid for by tax dollars just to start.
Obviously there are other things that need fixing, like police reform, bloated military budget, etc. as well that would need to be addressed.
Exactly, and trying to fix the problem with regulations is only a temporary bandage to a problem that looks a whole lot like a shotgun wound.
The thing about social democracy (regulated capitalism) is that it is a system that leaves the wealthy in charge of everything. This will inevitably lead to corruption solely because of the fact that corruption is possible to begin with.
It’s like putting a box of matches next to a campfire expecting it to never light on fire when there’s a bucket of water next to it that you can dunk it in, except the bucket is behind you and everyone keeps telling you to not look behind you because it’s dangerous.
My proposed solution? Hard wealth cap at $50m via wealth tax of 100% above that number (also closing all tax loopholes), force all corporations to split up to local, worker-owned coops (which also has the intended side-effect of abolishing the stock market), and provide all basic necessities free of charge paid for by tax dollars just to start.
Obviously there are other things that need fixing, like police reform, bloated military budget, etc. as well that would need to be addressed.