Capitalism cannot exist without regulation. There is no such thing as a "free market". Capitalism relies upon regulation to enforce the enclosures it builds. Regulations are a direct product to protect profits.
For example, Medicare is prohibited from negotiating prices with drug companies for most medications. A few exceptions were carved out with the IRA passed under Biden. The VA can it pays a lot less. Why is Medicare forbidden from negotiating? Because the pharma industry lobbied for it.
Also, cheaper generics are banned from being imported even though you can buy the exact same thing for a 95%+ discount in Canada.
To see this regulation in action, you can pretty accurately predict what courts and the government will do by simply asking "what do the capital owners want?".
Just this weekend, we had an actual domestic terrorist in Minnesota kill a state lawmaker (and her husband) and attempt to kill at least one other. So far he's been charged with second-degree murder and some federal charges [1].
Now compare this to Luigi, the alleged shooter of UHC CEO Brian Thompson where the AG and US attorney immediately came out calling for the death penalty and laying first-degree murder and terrorism charges on him.
Now maybe the federal or state charges will be upgraded to first-degree but there's none of the same rhetoric about an actual terrorist. Ask yourself why.
"Capitalism cannot exist without regulation. There is no such thing as a "free market". Capitalism relies upon regulation to enforce the enclosures it builds. Regulations are a direct product to protect profits." - Source?
unknown|8 months ago
[deleted]
jmyeet|8 months ago
For example, Medicare is prohibited from negotiating prices with drug companies for most medications. A few exceptions were carved out with the IRA passed under Biden. The VA can it pays a lot less. Why is Medicare forbidden from negotiating? Because the pharma industry lobbied for it.
Also, cheaper generics are banned from being imported even though you can buy the exact same thing for a 95%+ discount in Canada.
To see this regulation in action, you can pretty accurately predict what courts and the government will do by simply asking "what do the capital owners want?".
Just this weekend, we had an actual domestic terrorist in Minnesota kill a state lawmaker (and her husband) and attempt to kill at least one other. So far he's been charged with second-degree murder and some federal charges [1].
Now compare this to Luigi, the alleged shooter of UHC CEO Brian Thompson where the AG and US attorney immediately came out calling for the death penalty and laying first-degree murder and terrorism charges on him.
Now maybe the federal or state charges will be upgraded to first-degree but there's none of the same rhetoric about an actual terrorist. Ask yourself why.
[1]: https://www.cbsnews.com/minnesota/news/vance-boelter-fbi-det...
vanillax|8 months ago
mschoch|8 months ago
[deleted]