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Capitalism isn't defined as "non-centrally-planned economy", it's specifically privately-owned capital. If that private ownership is concentrated enough, then l
by quadrangle 9y ago
Capitalism isn't defined as "non-centrally-planned economy", it's specifically privately-owned capital. If that private ownership is concentrated enough, then lots of things are pretty centrally planned. And non-capitalist economies include ones that aren't centrally-planned.