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Why are folks so anti-capitalist?
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this post was submitted on 20 Jul 2023
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Asklemmy
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The mechanistic reasoning might be plausible, but is there any actual examples of a modern capitalist society regressing back to some form of feudalism to any significant degree?
The point where I'd be worried is when a single company is the majority of a country's GDP or has complete control over the government. The only examples I can think of that even get close to these possibilities are South Korea's Chaebols or Hong Kong's corporate voting block.