In my neighborhood, I often see parcel delivery trucks from 5 different transport companies wasting energy to drive to the same homes on the same day.

This is unregulated capitalism.

Then comes trash day, and 1 company arrives with 1 garbage truck and empties all the trash cans in 1 go.

This is regulated capitalism.

The municipality decided only 1 company could win the garbage truck service job. They offer up the job every couple of years, 1 company wins, and we all save CO2 emissions.

@randahl

In Germany its called (or euphemized) #SocialMarketEconomy, and worked fairly well flourishing the german post-war economy, and giving the working class a decent income and pensions for decades.

Well, until the Social Democrats (moderate center/left-wing) decided to promote more and more neo-liberalism (full scale capitalism) and fxxk'd up the country as well as their own party.

https://en.wikipedia.org/wiki/Social_market_economy

https://en.wikipedia.org/wiki/Social_Democratic_Party_of_Germany
Social market economy - Wikipedia