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anarchovegan
replied 2866d
How do you define capitalism?
replied 2866d
Strong private property rights, and free markets. Companies controlled by private interests.
anarchovegan
replied 2865d
That's rather vague; just a bunch of associations.
Could you be more precise?
replied 2864d
Not really. I've never defined it beyond that. Capitalism is not s government structure. Capitalism is just the system that allows for free markets and private capital ownership.
anarchovegan
replied 2864d
Huh. Ok. What is the system of capitalism?
replied 2864d
By system I guess I mean government policies that allow it. It is not itself a government structure like a republic, or a dictatorship, etc. Different governments can allow capitalism.
anarchovegan
replied 2864d
So, by "capitalism is just the system" you mean "government policies that allow it"?
And, allow what?
replied 2864d
Free markets, or at least less market intervention than non-capitalist nations. I dont think we ever see total capitalism. We just see a liberal capitalism.
anarchovegan
replied 2860d
What would total capitalism look like?
replied 2860d
A libertarian ideal I guess. Very little, and limited government. Most things in life being available on the free market.
anarchovegan
replied 2860d
How do different governments allow capitalism?
replied 2860d
By the amount of private property rights they allow, and how little they interfere with the markets.