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andsoitistoday at 2:28 AM0 repliesview on HN

> Unregulated capitalism inevitably trends towards a mafia state with an oligarchic structure and concentrated monopolistic power. It’s just an empirical fact at this point.

Has there ever been a jurisdiction with unregulated capitalism? I'm unaware of any.

Even the most laissez-faire economies have had bedrock legal infrastructure: property rights enforcement, contract law, courts, which is regulation.

Maybe you’re thinking of anarcho-capitalism? But that has never worked at scale.