Originally Posted by
Gheld
It's true though. The problem with modern capitalism isn't in the theory itself it's in the practice.
The theory of capitalism is based on the assumption that ANYBODY can do the winning.
So let's just say Mr. Richman opens up a pizza shop, and holy shit, he's makin the dough while he's makin the dough. So I try his pizza and say fuck that, it's a delicious pizza and I can make a Pizza just like that.
So theoretically I should be able to sell the exact same Pizza for the exact same price and make the exact same profit. Hell, I could put a sign that says "Richman's Pizza" on the outside so that customers know what they are getting. Sounds silly. Because we're trained from the day we're born to look at a situation like that and scream bloody murder "LIAR, FAKE, INTELLECTUAL PROPERTY THIEF! BURN HIM!"
But then we have laws that say "no, you can't open a pizza shop, and you have to pay for all these permits and pay to meet all these compliance standards you can't meet."
"But Mr. Richman didn't have to."
"Well that's because he built his Pizza shop before he had to, but he later came up to compliance. Compliance is easy, all you need is lots of money."
So then I'm boned. I can still make a pizza just like Richman's pizza, because he hires me to make his pizza for him for 8 bucks an hour. So there I am running his pizza kitchen, while he goes off and builds second, third, fourth, fifth restaurants. So suddenly he has an empire of Pizza restaurants rolling in wheelbarrows of cash to him. And I'm not saying that owning a bunch of restaurants wouldn't be hard work, but there's 2 things to consider:
#1. Mr. Richman can now afford to hire personal assistants to accelerate the building of his empire.
#2. If there was no law, the restaurant managers would probably use the money in the register to buy a gun, and they would point it at Mr. Richman when he came to collect his profits.
The wealthy are only able to form these vast empires BECAUSE of government meddling. In a completely dog-eat-dog world the natural social order would be for strong people who covet his assets to take them by force.
So it's ironic when the uber-wealthy complain about government intervention, because without government intervention they'd have taken a bullet in their face long before they ever became billionaires.