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Austin
replied 2212d
Ed, you clearly have no formal education is what Capitalism is. https://financial-dictionary.thefreedictionary.com/capitalism
replied 2212d
Free market is not a rule but an outcome of a system, which is said to be an outcome of this system, but reality is it has not been the case & gave all the reasons as to why this is so
replied 2212d
The rest of the crap is propaganda & not actual definition of Capitalism & this is the part that you capitalist defenders don't understand.
Austin
replied 2211d
I'm not a capitalist defender. I am a moderate who understands economic systems and the importance of having a balance between the free market and a centralized government.
replied 2212d
Really? And what does it say in your link? "The economic system in which the means of production is privately held" which is exactly what I am saying so I think I know what it is.