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Another person who equates capitalism and the free market. Capitalism is not the absence of state intervention in the market. Capitalism is the system where on
by dempseye 6y ago
Another person who equates capitalism and the free market.
Capitalism is not the absence of state intervention in the market. Capitalism is the system where one group of individuals owns businesses and other assets and lives off the profit generated by them, and a much larger group sells their labour to the first group, receiving wages in return.