re: #252 brownbagj

Capitalism unmitigated by culture and regulation is basically sociopathic. Capitalism is not meant to be a system of governance. When it becomes such, de facto, you get things like the ‘company store’, the Lowell mills, the Triangle Shirtwaist Company.

Too many people have believed the libertarian pablum about consumers informing themselves about bad practices by companies and rejecting their products on ethical grounds. Too many people pretend that perfect information is available to all consumers and producers— when it’s blatantly obvious that information itself is a commodity, subject to both market law and dirty market tricks.