4 ms·
I'm wary of ever using the term "Capitalism" in any discussion, it's been misused, abused and overused so often it hardly ever means anything specific anymore.
by jcfrei 11y ago
I'm wary of ever using the term "Capitalism" in any discussion, it's been misused, abused and overused so often it hardly ever means anything specific anymore. Nowadays it appears to be just a cue for people to engage in wild accusations. Let's rather talk of methods of allocation; for example a market based versus a state controlled distribution of goods.