There are certain important benefits to free capitalist societies. There are clear existential threats to capitalist societies. How do we keep the capitalism benefits without allowing it to drive itself into certain destruction?
The benefits: innovation, entrepreneurial spirit, freedom to enter. Liabilities: income inequality & poverty (including homelessness, universal access to healthcare, and hunger), environmental destruction, monopolistic effects, worker exploitation.
Are there mechanisms to keep those things under wraps? Yes. Are they used to an appropriate level? No. Why? Greedy plutocracy. How do you solve it? Smart leaders of business recognizing the long-term trends and realizing that if they don't own their responsibilities along with their rights, they will ultimately lose it all, along with the rest of us. Or, enough of the voters understanding the same things and voting in leaders with the political will to enact limitations that can lead to increasing income equality.
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