The market cannot decide because greed has always dictated.

Greed is simply a negative, pejorative term used to describe the primary motivator of capitalism, which is profit motive. Remove profit motive, and you have no capitalism; and if you attempt to say “well THIS much profit is OK, but THAT much is too excessive” you have made it nonfunctional.

I would have expected you to know this, and not resort to undefinable terms to make your case.

whether it is excessive profits, usury, pollution, unsafe products or working conditions, child labor, and on and on.

Excessive profits does not belong in the same category as the rest of these items. “Excessive profits” is subjective and any restriction on it disables the entire system. The rest of those items are quantitative and their effects can be measured; and also therefore are subject to appropriate regulation.

Again, I would have expected you to know this, and not resort to this sort of demogogery.

The idea that capitalism shouldn’t be controlled is just plain silly.

Precisely nobody in this thread is arguing that appropriate regulations should not exist.

Are you an Ayn Rand groupy where selfishness is the key?

No. However, I would point out that any decent psychological analysis of populations shows that true altruism exists in > 1% of the population. That means that unless you convince these saints to leave their monasteries, convents, and charitable organizations and run for Congress, your politicians will always be selected from the same greedy, selfish population as the industrialists.

So, unless you can find a way to elect saints, you have to deal with the fact that politicians are no more trustworthy than the capitalists.

Good luck with it.

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Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

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