3 ms·
Market forces are objective, real, external. They eliminate weak competitors, and cronyism weakens companies. So if capitalism is defined by existence of the ma
by exo762 5y ago
Market forces are objective, real, external. They eliminate weak competitors, and cronyism weakens companies. So if capitalism is defined by existence of the market forces... than you are wrong. If you define capitalism as market + capital and the your claim is that market in combination of other (than private property) ways of allocating capital would work better... I still disagree.