3 ms·

Correct, because capitalism is an economic system, it is perfectly possible to run capitalism under a harsh dictatorship or a liberal democracy for that matter,

by tored 5y ago

Correct, because capitalism is an economic system, it is perfectly possible to run capitalism under a harsh dictatorship or a liberal democracy for that matter, thus laborer selling their labor to a different employer can either be allowed or disallowed, hence capitalism can never guarantee any economic freedom as previously claimed.

yucky 5y ago
Communism is an economic system too, so I suppose one could acquire capital and hire laborers under a communist system, using this logic?
- tored 5y ago
  No, communism is a political system that normally has the economic system of planned economy, thus when you see a comparison between capitalism vs communism it is an apples to oranges comparison. Under Soviet communism you couldn’t do what you propose but definitely under current Chinese communism.
  - yucky 5y ago
    >but definitely under current Chinese communism. The Chinese system is not communist, it began the transition to state capitalism decades ago.[1][2][3] [1] https://www.businessinsider.com/how-china-went-from-communist-to-capitalist-2015-10?op=1 https://www.businessinsider.com/how-china-went-from-communis... [2] https://newpol.org/china-bureaucratic-communism-bureaucratic-capitalism/ https://newpol.org/china-bureaucratic-communism-bureaucratic... [3] https://www.uscc.gov/sites/default/files/Hirson_USCC%20Testimony_FINAL.pdf https://www.uscc.gov/sites/default/files/Hirson_USCC%20Testi...
    - tored 5y ago
      That is a question of definition I guess, the state is controlled by a single party, the communist party and intertwined with the military, typical for communist system. But regardless how you want to define China, it yet proves that capitalism by itself does not guarantee any freedoms at all. There are other asian examples of this, like Singapore, Taiwan & South Korea.

3 ms·

Correct, because capitalism is an economic system, it is perfectly possible to run capitalism under a harsh dictatorship or a liberal democracy for that matter,

by tored 5y ago

yucky 5y ago
Communism is an economic system too, so I suppose one could acquire capital and hire laborers under a communist system, using this logic?
- tored 5y ago
  No, communism is a political system that normally has the economic system of planned economy, thus when you see a comparison between capitalism vs communism it is an apples to oranges comparison. Under Soviet communism you couldn’t do what you propose but definitely under current Chinese communism.
  - yucky 5y ago
    >but definitely under current Chinese communism. The Chinese system is not communist, it began the transition to state capitalism decades ago.[1][2][3] [1] https://www.businessinsider.com/how-china-went-from-communist-to-capitalist-2015-10?op=1 https://www.businessinsider.com/how-china-went-from-communis... [2] https://newpol.org/china-bureaucratic-communism-bureaucratic-capitalism/ https://newpol.org/china-bureaucratic-communism-bureaucratic... [3] https://www.uscc.gov/sites/default/files/Hirson_USCC%20Testimony_FINAL.pdf https://www.uscc.gov/sites/default/files/Hirson_USCC%20Testi...
    - tored 5y ago
      That is a question of definition I guess, the state is controlled by a single party, the communist party and intertwined with the military, typical for communist system. But regardless how you want to define China, it yet proves that capitalism by itself does not guarantee any freedoms at all. There are other asian examples of this, like Singapore, Taiwan & South Korea.