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My basic point was that "capitalism" is a term not understood broadly enough to be meaningful. Your (justified) complaint about "No True Scotsman" fallacies sup
by humanrebar 9y ago
My basic point was that "capitalism" is a term not understood broadly enough to be meaningful. Your (justified) complaint about "No True Scotsman" fallacies supports my point. As does your critique of the shifting feelings about capitalism over the years.
My main point was that people criticizing capitalism and the people defending it are rarely talking about the same thing. I have seen people defending capitalism (as defined in dictionaries and wikipedia) that obviously are referring to the canonical definitions. I have seen, though less frequently, people criticizing capitalism in the same sense. It seems like you might be one of these, though most of the time the solutions to capitalism look mostly like tweaked capitalism with another label attached. For example, a progressive wealth tax doesn't (directly) dispute the importance of wages, property rights, market-based pricing, etc. Likewise, proponents of rent control aren't in favor of a centrally controlled housing authority that sets and approves rents (as opposed to a market based solution).