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Unless there is no such thing as a state "Unbridled capitalism" and "unfettered crony capitalism" are in-distinguishable. Capitalism as we use the term was def
by Avshalom 9y ago
Unless there is no such thing as a state "Unbridled capitalism" and "unfettered crony capitalism" are in-distinguishable.
Capitalism as we use the term was defined/coined in the age of the East India Company and general European Colonialism. The European decimation of India/Asia, Africa, The Americas: these are the true realizations of capitalism.
- specialist 9y agoCorporatism != capitalism. While neither defending or attacking capitalism... Corporation is a polite term for sovereign granted monopolies like East India. Less polite are privateers, aka pirates.