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Yes and no. Capitalism requires huge amounts of regulation to not destroy itself, and a system with considerably less regulation could exist if the Workers could represent themselves via ownership.
Seems to be? On what grounds? Do you think humans have a built-in mystical flaw that turns them evil if they share tools?
Thinking that there could be a system that doesn’t require regulations that have to be enforced is just very naive.
Yes and no. Capitalism requires huge amounts of regulation to not destroy itself, and a system with considerably less regulation could exist if the Workers could represent themselves via ownership.