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Re:Uber, DoorDash and similar firms can’t defy the laws of c... by goodpoint on Wednesday November 10, 2021 @11:47AM (#29176851)
Capitalism should be defined by free markets, among other things.

What we are seeing is an unprecedented combination of quasi-monopolies, rent-seeking, and an economy disconnected from real production of goods and services.

It has been called neofeudalism.

Re:Uber, DoorDash and similar firms can’t defy the laws of c... by WitCanStain on Wednesday November 10, 2021 @11:55AM (#29176950)
But all that is the natural and inevitable consequence of capitalism. It's baked into the structure of the system.
Re:Uber, DoorDash and similar firms can’t defy the laws of c... by maedla on Wednesday November 10, 2021 @12:09PM (#29177159)
Exactly. People want to go back to the thing that got us here
Re:Uber, DoorDash and similar firms can’t defy the laws of c... by gwright on Wednesday November 10, 2021 @01:38PM (#29178511)
>rent-seeking,

Unfortunately "capitalism" is a pretty ill-defined term. I wouldn't include "rent-seeking" as a characteristic of "capitalism" but apparently you do.

This makes it very difficult to have coherent discussions. For what it is worth, I think "rent-seeking" is probably a characteristic of all economic systems and therefore isn't something peculiar to "capitalism" and so shouldn't be used as a criticism of "capitalism".

Re:Uber, DoorDash and similar firms can’t defy the laws of c... by goodpoint on Wednesday November 10, 2021 @07:11PM (#29182738)
> I wouldn't include "rent-seeking" as a characteristic of "capitalism"

According to what theory?

https://en.wikipedia.org/wiki/Rent-seeking fits squarely into capitalism.

Re:Uber, DoorDash and similar firms can’t defy the laws of c... by gwright on Friday November 12, 2021 @07:52PM (#29206303)
Rent-seeking isn't a phenomena that is unique to capitalism. It is something present in many different (all?) economic systems. So while it is completely fair to be critical of rent-seeking that isn't by itself a criticism of capitalism.
Re:Uber, DoorDash and similar firms can’t defy the laws of c... by goodpoint on Wednesday November 10, 2021 @12:30PM (#29177424)
Indeed.