this post was submitted on 31 Mar 2025
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I'm not just a centrist, I'm a conservative! I agree with Adam Smith, the father of Capitalism.
For instance, I agree with him that monopolies must be regulated or they will corrupt the government:
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I also agree with him that landlords are parasites and need to be heavily taxed:
If you call yourself a captalist but don't even believe in what Adam Smith said, are you really even a capitalist?
Nooooo, you're supposed to quote something about "the invisible hand of the market" without context!
That didn't stop the Christians
Sure, but people are a lot more fervent in their support of capitalism than christianity.
i'm a capitalist, but only to the extent that capitalism is the most effective mechanism of meeting the needs of a market. I think it's fundamentally impossible to run an economic system in any way that is more optimized to the needs of it's consumers than you can under capitalism, and that's what i like about it.
It's also true that there are some self regulating effects on the market. But that's more complicated.
Though, just because i believe the market handles itself in most cases, doesn't mean i believe it requires no regulation. That would be preposterous. I don't want pure unregulated capitalism, but i don't want socialism/communism either, i want both. Both is good.
So a mixed economy?