Hacker News Reader

Capitalism has a well known liberal bias.

If you mean liberalism in the original sense, it certainly does!

Capitalism is embraced by classical liberalism. Modern day "liberals" / progressivists have especially embraced American version of capitalism by using regulatory capture, basically coming up with 1 million and 1 ways to "make sure the consumer is protected" and then proceeding to capture the hell out of the regulatory framework to make sure anyone who disagrees with the regulation is called out as someone who wants people to get hurt / someone who wants to let industry oppress us. Meanwhile they rake in the profits while locking out competitors.

I would love to hear more from you. This take doesn't gel with anything I know, but it seems as though you and I have at least similar takes on how flawed a concept capitalism is - what I'm curious about is what you believe the connection between liberalism and capitalism is, and whether you also believe that conservatism is the antidote.

I'll pregame such a conversation by saying that I'm disillusioned with both sides of the political spectra. I could most generically be described as a flavor of socialist, but that doesn't really capture what I believe effectively. I wish we had a direct democracy, and I'm off the opinion that unchecked capital markets have effectively coopted our political process.

Reply on news.ycombinator.com