3 ms·
Just because our system falls so far outside the ideology it claims to espouse does not mean it's not capitalism. Just as the reality of communism was far from
by joesmo 10y ago
Just because our system falls so far outside the ideology it claims to espouse does not mean it's not capitalism. Just as the reality of communism was far from the ideology, so is our reality of capitalism. I'd argue, however, that this is capitalism. How things should work is a fantasy. They do not work the way you describe in most 'capitalist' systems (US, European countries, China). I'd argue that what you call capitalism doesn't exist and pretending that it does supports and fuels the current system and state of affairs by legitimizing the idea of capitalism when the actuality of capitalism is not so rosy (hundreds of dollars for an EpiPen). The idea of capitalism that you espouse, I'd argue, is mere fantasy and delusion and a rather dangerous one at that just as the idea of communism has been to the world.
- 20yrs_no_equity 10y agoYour argument is kinda like pouring brown paint into a can of white paint, pointing to its tan color and then saying that white paint is a fantasy. Yes there are various degrees of purity in capitalism across the world and one of the interestingly consistent things across history is that prosperity follows relative economic freedom, even if there is no purely free economy.