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bix6today at 3:12 PM7 repliesview on HN

Isn’t that how capitalism works in general?

Edit: thanks for the downvotes. Defenders of capitalism unite!!! lol. Free market right?


Replies

christophilustoday at 3:51 PM

It’s how the world works in general. Bribes and corruption are not unique to capitalism.

phil21today at 3:44 PM

No. This is how crony-capitalism works.

You could make a decent argument that capitalism will very likely end-game devolve into crony-capitalism as it's typical failure mode, but I don't think it's written in stone.

It's funny to me. Everyone rails about Atlas Shrugged being some libertarian fantasy story. I always read it as an allegory warning about crony capitalism and how it ruins society along with a story about trains and magical perpetual motion machines.

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3997531578today at 5:26 PM

[dead]

shevy-javatoday at 3:42 PM

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smallmancontrovtoday at 3:19 PM

You're forgetting that whenever the incentives lead to bad places it isn't True Capitalism (tm).

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aeternumtoday at 4:04 PM

The beauty of capitalism is you have a choice. There are already ETFs that exclude SpaceX/Elon's company's for those who so desire.

See QQNE and SPNE.

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nDRDYtoday at 3:33 PM

Can this be called "Capitalism" when SpaceX is now a public company?

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