3 ms·
> Capitalism is free competitive markets and inability to lobby the government into protecting coercive monopolies Isn't more the definition of classical libe
by spriggan3 11y ago
> Capitalism is free competitive markets and inability to lobby the government into protecting coercive monopolies
Isn't more the definition of classical liberalism rather than capitalism as an economical system ? Because you could argue that China's economy is capitalist yet there is virtually no difference between the state and most of the Chinese industry.