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the _implementation_ of "free market capitalism" I.e. not actually free-market capitalism. So why refer to it as such? I'm puzzled by the number of people who
by jamesbritt 13y ago
the _implementation_ of "free market capitalism"
I.e. not actually free-market capitalism. So why refer to it as such?
I'm puzzled by the number of people who call the economic system of the US free-market capitalism. It's corporatism, or state capitalism, or a mixed economy, or something else. But not free-market capitalism.
Much like people point to the state of health care and health insurance in the US and say that it shows the failure of the free market.
It's anything but.