@denmarkguy , "rampant uncontrolled capitalism?" What we have here in the US is far from capitalism or free markets. Not even close. I don't believe we have had anything of the sort since the early 20th Century and it's getting geometrically worse. Government intervention (including the Fed) in the economy is the root of just about all of what's wrong with the US. They distort capital markets, the prevent true price discovery and have no control on their spending of our money.
By the way congrats with your success on Steemit, you've worked very hard at it and I'm very impressed!
@rocketbeee, you're absolutely right... seen in isolation, there's nothing "rampant" about it, although compared to other places, less so.
So where do we go? "Freedom" always sounds great on paper... but doesn't there need to be a "defined" playing field and some "defined" rules? Absent those... imagine one of the players bringing a Howitzer to a football game in order to make sure his side won. Just playing devil's advocate... concepts like "integrity" and "morals" tend to be the domain of an elite few....
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It's like a never ending diatribe with me. Starve the government, cut off its tentacles in the economy one by one. Then and only then will we see true price discovery, REAL capitalism and proper capital formation around true value. Let the market decide. Reputations will matter more. It will cause people to think for a change rather than assume that the government is "handling it." Government is almost never a solution, but almost always is the problem.
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