2 ms·
Capitalism is the private ownership of the means of production vs collective ownership, which is communism. Everything else is a consequence. I can think of sta
by pmontra 5y ago
Capitalism is the private ownership of the means of production vs collective ownership, which is communism. Everything else is a consequence. I can think of state owned companies competing on price or privately owned companies colluding in a cartel to keep prices up or down, basically with no market, or any other combination. Even China's market way to socialism.