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Capitalism is all about allowing many different organisational structures where the fitness function is profitability.

Where it goes wrong is when the regulator fails to stop foul play…

It also went wrong using only profitability as the only measure. Obviously an unprofitable company isn't long-term sustainable, but a maximally profitable company might not be either, as a company exists within a society and on a planet with limited resources.

Such a company, with no long term plan, wouldn’t be able to raise capital.

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