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I cant understand why more people dont realize US is not a capitalist or free market economy. Or even the EU. If you look closer at any industry you'll see ca
by antocv 12y ago
I cant understand why more people dont realize US is not a capitalist or free market economy.
Or even the EU.
If you look closer at any industry you'll see cartels, monopolies, government support and skeweing what and who gets the money. Who gets payed and who doesnt. The best products do not win, the best companies do not win.
It seems the different vs USSR is the scale of the economy.
- geon 12y agoCartells and monopolies is the result of unregulated capitalism. To get a free market you need quite a bit of regulation.
- coldtea 12y ago>I cant understand why more people dont realize US is not a capitalist or free market economy. Because the presense of "cartels, monopolies, government support and skeweing what and who gets the money" doesn't preclude it being "capitalist" or "free market". There's the abstract "capitalism"/"free market" and there's the concrete reality, which is that it goes hand in hand with these things and always had. It's like Christianity -- in theory it's this perfect thing touting peace and love --, but in reality it's involved in everything from the crusades and the enslaving on native indians in the Americas to present day right wing bigotry.
- antocv 12y agoIn reality what EU is and USA today, is economically, financially, not very different than what USSR or SFRY was. Planned economy. The distinction private-public doesnt even make sense, with state subsidized private losses. Its just a few groups of people controlling systems.