Capitalism needs regulation to avoid self destruction. Without circuit breakers ... | Hacker News

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		baq on Sept 13, 2024 \| parent \| context \| favorite \| on: Learning to Reason with LLMs Capitalism needs regulation to avoid self destruction. Without circuit breakers it devolves into monopolistic totalitarianism. C.f. East India company. Then imagine them with modern military and communications tech.

ruthmarx on Sept 13, 2024 [–]

> Capitalism needs regulation to avoid self destruction.

This is equally true for any alternative system to capitalism.

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