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"Which is something that modern capitalism is trying to make impossible". Absurd. Modern capitalism? As compared to...classical capitalism, or ancient capitali
by EchoReflection 2y ago
"Which is something that modern capitalism is trying to make impossible". Absurd. Modern capitalism? As compared to...classical capitalism, or ancient capitalism? Capitalism doesn't "try" to do anything, capitalism is a system by which goods and services are exchanged at market-determined values. Those values can be/are altered by things like taxes and government subsidies, of course, but saying capitalism "tries" to do [X] is like saying gravity "tries" to make objects fall down.
"Basic Economics" and "Economic Facts and Fallacies" by Thomas Sowell are two books that do a pretty good job of clarifying how and why economies work (or fail to work) in the ways that they do.
https://www.betterworldbooks.com/product/detail/basic-economics-a-common-sense-guide-to-the-economy-9780465002603 https://www.betterworldbooks.com/product/detail/basic-econom...
https://www.betterworldbooks.com/product/detail/economic-facts-and-fallacies-second-edition-9780465022038 https://www.betterworldbooks.com/product/detail/economic-fac...