Marx points out the unregulated economy will always pull capital to the top. So how do we prevent the government from its fate of getting captured by the bourgeoisie?
The more I went over this, the more I realized there is no “unregulated market”. There’s basically a status quo of rules of property distribution accepted by a society. Even what people refer to as a “free market” gets extremely complicated the second you get into the questions of property and contract law, with questions that in total can completely change the outcomes of the system depending on how you answer them. If you had no state but a society unanimously committed to equalizing the distribution of wealth, it would still happen.
Marx points out the unregulated economy will always pull capital to the top. So how do we prevent the government from its fate of getting captured by the bourgeoisie?
The more I went over this, the more I realized there is no “unregulated market”. There’s basically a status quo of rules of property distribution accepted by a society. Even what people refer to as a “free market” gets extremely complicated the second you get into the questions of property and contract law, with questions that in total can completely change the outcomes of the system depending on how you answer them. If you had no state but a society unanimously committed to equalizing the distribution of wealth, it would still happen.