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It's a straw man to define capitalism in such a way that anything involving a government doesn't count as capitalism. Unless they're radical anarcho-capitalists
by fasterik 3y ago
It's a straw man to define capitalism in such a way that anything involving a government doesn't count as capitalism. Unless they're radical anarcho-capitalists, most people would agree that you need some sort of stable society with laws and regulations for markets to function correctly.
- heyoni 3y agoNothing about your particular solution suggests it should be labeled capitalist, in fact, it would fit well under a number of radically different economic ideologies.
- fasterik 3y agoIf it involves private ownership, profit, and pricing through competitive markets, then it's capitalist. Everything I mentioned is already done under the current capitalist system. A few examples of non-capitalist solutions would be nationalization of drug production, enforced worker's collectives, and price controls. I don't think these are good alternatives, given their historical track record.
- hatenberg 3y agoso basically Libertarians.