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Surely that's why libertarians make a distinction. Capitalism is the word we use for the various systems that we inhabit in practice. The things that you are
by gress 12y ago
Surely that's why libertarians make a distinction. Capitalism is the word we use for the various systems that we inhabit in practice.
The things that you are calling 'socialism' are the products of democracy.
- josu 12y agoNowadays the public expenditure of many European countries is above 50% of the GDP. This is, more than 50 cents of every monetary unit are being expropriated and distributed according to a central planning. Even for the US, the figure is around 40%.