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Because people get paid in dollars and they go out and spend the dollars? That's it? "Because you can start any business you want?" No you can't.

Economically speaking no one can make a 'company' unless it's either an economical leaf node ie maid services, nanny services, restaurant, handyman etc. Or it's economically built in to the fascist system. VC / investment preownership funding, government grants basically being your business model, making a franchise location etc.

I read in the beginning of the auto industry, there used to be thousands of auto companies. thousands. Can you even imagine compared to our like 3 or 4 now? And they don't even build the shit here. That's what a REAL capitalist economy looks like.

Because people get paid in dollars and they go out and spend the dollars? That's it? "Because you can start any business you want?" No you can't. Economically speaking no one can make a 'company' unless it's either an economical leaf node ie maid services, nanny services, restaurant, handyman etc. Or it's economically built in to the fascist system. VC / investment preownership funding, government grants basically being your business model, making a franchise location etc. I read in the beginning of the auto industry, there used to be *thousands* of auto companies. *thousands*. Can you even imagine compared to our like 3 or 4 now? And they don't even build the shit here. That's what a REAL capitalist economy looks like.

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[–] • 1 pt (edited )

It's funny we're supposedly capitalist but I cannot allocate capital to you.

Really. It's illegal.

You have to be an "accredited investor" to invest in a start up. Meaning you have to have one million dollars. That's it. No test or classes or anything. You literally just have to be rich.

In form and function that is a Title of Nobility (FYI, the Constitution explicitly forbids titles of nobility). Instead of the King granting a monopoly on a river crossing or a hunting ground to some noble like in ye olden times, the new nobles have a monopoly on allocating capital to new companies.

Capitalism is basically illegal unless you're already part of the club.

They say it's to "protect retail investors" yet its legal to blow everything you have on Lotto tickets and casinos.

It's all about protecting the ruling class and their mediocre heirs that we'd quickly overtake given a level playing field.

So yeah I don't know what to call it. Fascism or neo feudalism or crony Capitalism or whatever.

But you can't outlaw Capitalism for 99% of people and say it's a capitalist society.