• ChonkyOwlbear@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    2 days ago

    Regulation is not separate from capitalism, but we aren’t talking about regulation. We are talking about state control, which is explicitly socialist. State ownership vs private ownership is literally the fundamental distinction between socialism and capitalism. In a fully capitalist system there can be no state ownership of means of production

    capitalism requires contract law and the protection of private property rights, which requires a state, state-operated courts and police forces, whose existence cannot be subject to market forces as with private companies

    Incorrect. Many corporations include arbitration clauses in contracts. This stipulates that disputes do not use government courts, rather using private third party arbitrators to litigate disputes. These courts are capitalist. Government courts are not capitalist (not saying they are socialist either).

    • timdrake@lemmy.ml
      link
      fedilink
      English
      arrow-up
      1
      ·
      2 days ago

      From the first two sentences it’s clear you didn’t read what I said, where I explicitly mentioned state control. For the third, it’s clear you’re not willing to let go of your arbitrarily chosen formal definition (which sits among several others) as the one and only, presupposing it prior to reality and therefore making discourse impossible.

      For arbitration clauses, how do you think corporations are able to do this? Because of contract law devised/clarified and enforced by government courts; arbitration clauses require contract law sitting above private actors.