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2026-10-07 09:22:37 UTC
in reply to

BlueDuckBTC on Nostr: Mayor Mamdani, a socialist, has been removing unnecessary permits and regulations ...

Mayor Mamdani, a socialist, has been removing unnecessary permits and regulations that only make starting or running a small business harder or more costly.
This is a real life example of Capitalism using its capital and influence to create barriers of entry to eliminate competition while monopolizing markets.
Would you like more real life, historical examples of capitalism using its influence to create barriers of entry?
I can also give you real life, historical examples of Capitalism using private or public armies to kill competition or keep their cheap labor from revolting. Would you like those examples too?