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If you think a free market is a requirement for capitalism then by definition sure. If you think it is about the distribution of ownership over capital then the
by wormlord 2y ago
If you think a free market is a requirement for capitalism then by definition sure. If you think it is about the distribution of ownership over capital then the free market doesn't matter. Many political scientists refer to the economic model of the USSR as "State Capitalism" because the state owns the means of production.
Would you rather I use a word like "Cronyism" to specify private ownership of capital without free-market competition?
- olliej 2y agoYeah, that's reasonable lets go for that, so given statements to the effect of A) Ending democracy vs B) Ending cronyism Regardless of how effective you may think they would be at that goal, would you pick (A) over (B)?