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Just for your information, all these regulations are the complete opposite of capitalism. What you're seeing are the effects of its opposite, a centralised and
by jokethrowaway 6y ago
Just for your information, all these regulations are the complete opposite of capitalism.
What you're seeing are the effects of its opposite, a centralised and corrupt economy.
- optimalsolver 6y ago"It's not real capitalism!" is the Right's equivalent of "it wasn't real socialism!".
- jokethrowaway 6y agoOur society have both elements from capitalism (eg. property rights, voluntary exchange, competitive markets) and from socialism (eg. collective taxes, social redistribution, centralisation, market regulation). What the parent is complaining about is coming from the ability of a central body to regulate the economy and it's complaining more about socialism than capitalism. We don't have an unregulated market.