Posted: Apr 27, 2013 10:15 pm
by Macdoc
Capitalism is predicated on some having ownership & others not,


That's a bit misleading....there is a broad cross section of people that do not want to take the risks that owners/operators aka capitalists undertake. An unfair society restricts access to ownership. There is nothing in capitalism that automatically makes restricted access a reality.
One role of government is to ensure that consolidation and trusts do not occur that prevent access. It's why we have competition watchdogs etc and regulations to at least attempt a fair playing field.
( see the history of MIcrosoft for a clear example of abuse of a standard and some remedy by regulation ).

based on unfairness & often historical illegality and/or acts of power over others.

that is predation...it has nothing to do with capitalism .....it can be applied to ANY group or person or system that is granted or takes unfair terms of practice that lead to their enrichment at the expense of others.

A capitalist or corporation can predatory.
Union leadership can be predatory
Government can be predatory
An individual or gang can be predatory.
A "religion" can be predatory

all of the above can be predatory based on

unfairness & often historical illegality and/or acts of power over others

Regulation attempts to prevent predation ( ie minority shareholders rights )
Product safety
Laws against criminal activity in many arenas.