During the trial it was revealed that McDonald’s knew that heating their coffee to this temperature would be dangerous, but they did it anyways because it would save them money. When you serve coffee that is too hot to drink, it will take much longer for a person to drink their coffee, which means that McDonald’s will not have to give out as many free refills of coffee. This policy by the fast food chain is the reason the jury awarded $2.7 million dollars in punitive damages in the McDonald’s hot coffee case. Punitive damages are meant to punish the defendant for their inappropriate business practice.
Under capitalism, a greedy person can sate their greed by offering up something many people are willing to pay for. Elon Musk is a shit human being, but his companies revolutionized the EV market, the commercial rocket launch provider market and Star Link now allows for internet access anywhere. Capitalism has turned his greed, at least in part, into a benefit many can profit from. Similarly, with Elon now tanking Twitter, BluSky, Threads and Mastodon can compete for users that have stopped using Twitter.
I was talking about systems of resource distribution, the government concerns itself with the judicial system.
Just like the prohibition lessened the impact of alcohol on society? Just like the war against drugs lessened the impact of drugs on society? Just like, as evangelicals would claim it, banning contraception and abortions lessens, in their eyes, the negative impact on society. Historically, the greedy have been, through corruption and the like, just as damaging to society as they have been now.
With a bunch of them in jail and with Trump weakening the republican party for years?
Capitalism isn’t to blame for the suffering of the ones standing in the way of the big players, western european nations show that quite clearly. While not perfect, they have much stronger protections for the powerless against the powerful, yet they also employ capitalism. This lawsuit is a failure of the judicial system, it wouldn’t have happened in a country with stronger laws against abuse.