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Sure, but deriding one without suggesting there is a better alternative is unproductive. And capitalism just implies that people are allowed to own property and
by lend000 6y ago
Sure, but deriding one without suggesting there is a better alternative is unproductive. And capitalism just implies that people are allowed to own property and engage in business freely. Obviously there are still laws under capitalism; for example, laws against murder. So I think for most reasonable and informed people, it comes down to how you want to define what legal business should be.
For example, activities that cause pollution produce an externality on society, as do many other things, and in my ideal society such things are penalized. However, I don't consider these added complexities to make society any less capitalist. It still is a system built on free commerce and private property; it just has laws to capture externalities. In order for a society to not be capitalist in the strictest sense, a lot of freedoms would need to be taken away (at least one of the two core tenets: ability to own things and the ability to choose your career). So when anti-capitalists like the OP start tooting their horn, I want to make it clear what that implies. Which of those core tenets is the root of all evil, which you want to take away?