4 ms·
Oh a semantics argument, lovely. Let me ask you this, what percentage of US trade and industry isn't controlled by private owners for profit? Shareholders cou
by iepathos 3y ago
Oh a semantics argument, lovely. Let me ask you this, what percentage of US trade and industry isn't controlled by private owners for profit? Shareholders count as private owners in case that confuses you since it's public stock that is privately owned. Once you answer that, let me know what percentage is required to classify a country as capitalist.
- complianceowl 3y agoLOL - Your condescending tone tells me everything I need to know about the type of person that you are and your inability to control your own emotions when talking to someone you disagree with. And, no -- I did not make a semantics argument. The point of defining capitalism was to emphasize the the fact that the US economy is not a truly capitalistic economy -- Uncle Sam is heavily involved; the article insinuates Capitalism is to blame. But you didn't read the article, did you? No, you didn't. Also, I know the difference between public and private ownership -- I've worked in corporate law for a number of years. I've literally created the initial shares for newly incorporated public and private corporations. I currently work at a multi-national and we are about to go public, as well. While you Google these things, I do it for a living. I'd also like to point out that I have no idea what you're talking about when you talk about Shareholders "counting" as private owners". Whether it's a private or public company, both fall under the umbrella of private ownership. You're lost, bud; hope you have a better day and learn to have a conversation.