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>>Because using government power (and physical force in general) to coerce people into using some product or service isn't a free market anymore, and therefore
by kamaal 11y ago
>>Because using government power (and physical force in general) to coerce people into using some product or service isn't a free market anymore, and therefore isn't capitalism.
This is precisely what British East India Company did in India.
>>So, Lenin was right in that capitalism can easily evolve into government cronyism if left unchecked. But then it isn't capitalism anymore.
Capitalism or Communism, the issue is accumulation of a lot of power in a few hands. Once that happens, things are basically done for the benefit of a few banks/dictators/rulers and then things start going downhill from there.