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When you add regulations to capitalism you will, in due course, get socialism.
by SanjayMehta 10mo ago
When you add regulations to capitalism you will, in due course, get socialism.
- lanfeust6 10mo agoThis is just plain old Liberalism, a mixed-market economy. Socialism can mean two different things: a) when the govt spends and does literally anything, b) eliminating Capitalism, by way of having everything controlled by the "public" (really, the State, as even ancoms will just reinvent government by another name). There's often some bait-and-switch semantic games employed to sell people on the latter.
- JCattheATM 10mo agoNot so long as private people can control capital, you don't.