That’s not the definition or foundation of capitalism, it’s the definition of a market economy.
The foundation of capitalism is a system where investors can pool small amounts of money together on big projects, to share risk and reward. Historically to fund trading ships on their way to the indies.
So it destructures ownership, which has a million ripple effects on the organization and economy.
I mean you need the mustard or it won’t emulsify. 2 parts oil for one part of acid is better imho
I mean yes if we’re actively looking for a suspect in a red Renault Clio. But in this case the dude is dead, whether his car is a Mercedes or a BMW is a ridiculously useless piece of information for an article to give.
Well it’s both. Which tells you something about the French. Organized and intolerant to this kind of shit.
Yeah but there’s no more “get out of the rer at the wrong stop and you’re fucked” at least !
They unified the ticket system last year, you can go anywhere with one ticket now.
Barely made a dent commercially, but put the company in a difficult financial situation where build quality was a bit lower and cars a bit more expensive for a while.
The point of these punishments should never be to kill a company, but to hurt investors, who are ultimately responsible for setting the CEOs agenda.
And, well, VW stock is still down about -80% compared to pre-dieselgate. So I would say eurocapitalism working as intended.
Not at all, corporatism is a system where interest groups have a high amount of power : guilds, syndicates, unions, etc…
Capitalism literally refers to pooling capital together from multiple sources to allow shared risk taking and allow for the creation of companies that can get bigger by having more than one owner.
This eventually leads the way for pension funds and multinational corporations whose sole purpose is to extract maximum value for pensioners and billionaires.