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People in favour of the principle of capitalism should also be in favour of abandoning subsidies. Yes, there will be instances of exploitation (the ugly side of capitalism) however, capitalism is often the precursor to democracy. Exploited people are historically apt to revolution as evidenced by, for example, the events leading up to the Declaration of Independance all those years ago.
The downside is that capitalism, while encouraging democracy, also encourages homogonisation and can erode traditional cultures and social structures.
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