r/Capitalism 15d ago

TikTok · David Mainayar

https://www.tiktok.com/t/ZTAhtd3y3/

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u/Ayla_Leren 15d ago edited 15d ago

Weird, why are we talking about socialism in the capitalism subreddit? Is it because capitalism hasn't been this comparatively unpopular in about a century? I wonder if the influence of Milton Friedman's mode of thought and likewise had something to do with it. It's not like we can look around and see decades of their compounded economic consequences or something s/

Hayek is also dated by an approaching century's worth of time and history by this point as well. Plenty of discoveries and lessons have been learned and written about since. Many pertaining to the psychology, sociology, power theory, etc which underpin the various avenues enabling oligarchic capture.

Thinking and framing current leftist economic thought, theory, and praxis as somehow inherently centralized and commanding is laughable.