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A mixed economy still has private property and the capitalist-worker class dynamic, still experiences the crisis cycle - so it's still capitalist, it's just a b
by beaconstudios 5y ago
A mixed economy still has private property and the capitalist-worker class dynamic, still experiences the crisis cycle - so it's still capitalist, it's just a better form of it. If your qualifying rules for "capitalism" require no welfare system whatsoever, then capitalism hasn't existed in the West for at least 100 years.
Bearing in mind that I'm using "capitalism" as a descriptor, not a snarl word. The snarl one is "neoliberalism" ;)