We're (as in humanity) still trying 'domesticated capitalism' for example in china. There are alternatives to laissez-faire, the current (bad) state of affairs is part of a trend for laissez-faire starting in the 70s.
We do need innovation in tech, and in supply chains, and in products, and for that capitalism is wonderful
We do not need innovation in how to ignore labour laws (uber) renters protections (airbnb). We do not need lower marginal top tax rates, and accumulation in the 1%.
We also need innovation in how to stop runaway capitalist cycles (and, again, I am hoping western democracies will learn from china how to do that before it is too late)
We do need innovation in tech, and in supply chains, and in products, and for that capitalism is wonderful
We do not need innovation in how to ignore labour laws (uber) renters protections (airbnb). We do not need lower marginal top tax rates, and accumulation in the 1%.
We also need innovation in how to stop runaway capitalist cycles (and, again, I am hoping western democracies will learn from china how to do that before it is too late)