We're living under true capitalism right now. Look at the incentives. I don't see how we could have progressed to anything besides this, this is the natural outcome of the system in place.

American libertarians often imagine some kind of wonderland capitalism where everyone agrees to play by the rules that aren't enforced by anyone. To my knowledge this has never existed as a long-term equilibrium and it can't exist. I've yet to meet anyone who can tell me how their imaginary ideas go up against claims like

1. Encouraging infinite growth with no controls or limits will always lead to monopolism and is a one-way ratchet

2. Power vacuums are always filled (no public government leads to private companies stepping in and taking the dictatorial role, this time without any of the democracy)

3. Power always corrupts

Sounds like no true scotsman.

Remember kids: socialism is judged by how it failed in real life, capitalism is judged by how perfect it is in theory

Ah yes, because capitalism in it's purest form would never have companies form monopolies and lobby governments for favorable legislation.

> True capitalism has never been tried

“True communism has never been tried”

Crony capitalism is true capitalism. The idea that capitalists will simply choose not to organize to benefit their own positions out of some sense of altruism is insanely naive, and puts you in the same camp as USSR apologists claiming that their issue was the lack of true communism. A system that fails when people subvert it to their own benefit is a system that fails.

Crony capitalism is just regular capitalism.

Does seem a bit like; we’ve never tried roasting people at 1200C, only at 1000C