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I am less concerned about greed than I am about things like fraud and negligent harm.
When someone takes a shortcut and puts and adulterant in a drug or food or cosmetic that makes people sick or even kills them (or their pet) - then that is not capitalism (although the motivation is greed - maybe at best, negligence).
Or someone cuts a corner to make more profit and leaves something out of the drug, or sells fake drugs - again, probably motivated by greed.
Or a corporate entity pollutes the environment near one of their manufacturing plants by dumping their waste onto land, or worse, into the water supply, or the air. Again, probably greed, at best negligence.
Or a corporation lobbies the gov to allow them to pollute, or cut corners on safety, or bribes the gov to approve a drug that isn't safe, or doesn't tell the gov about some lab result that shows a drug is unsafe.
These are all examples of fraud/negligence/harm motivated by greed, and not hypothetical either - all these things have happened, continue to happen every day.
This is why there needs to be laws controlling the market - this is what uncontrolled capitalism does and the 'market' doesn't control this, because this is hidden from the market, or the market forgets, and the perpetrators move on to another corp entity and repeat what they did before.
That kind of greed does need to be controlled - to be punished, severely - so that those who do these things know they risk more than inconvenience.
When someone takes a shortcut and puts and adulterant in a drug or food or cosmetic that makes people sick or even kills them (or their pet) - then that is not capitalism (although the motivation is greed - maybe at best, negligence).
Or someone cuts a corner to make more profit and leaves something out of the drug, or sells fake drugs - again, probably motivated by greed.
Or a corporate entity pollutes the environment near one of their manufacturing plants by dumping their waste onto land, or worse, into the water supply, or the air. Again, probably greed, at best negligence.
Or a corporation lobbies the gov to allow them to pollute, or cut corners on safety, or bribes the gov to approve a drug that isn't safe, or doesn't tell the gov about some lab result that shows a drug is unsafe.
These are all examples of fraud/negligence/harm motivated by greed, and not hypothetical either - all these things have happened, continue to happen every day.
This is why there needs to be laws controlling the market - this is what uncontrolled capitalism does and the 'market' doesn't control this, because this is hidden from the market, or the market forgets, and the perpetrators move on to another corp entity and repeat what they did before.
That kind of greed does need to be controlled - to be punished, severely - so that those who do these things know they risk more than inconvenience.