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RichClem
29 Jul 2014 10:40 am
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Cannonpointer » 29 Jul 2014 5:25 am » wrote:Capitalism did not invent the free market. Indeed, it is the sworn enemy of it.
The psychotic who rejects my sources on the basis of nothing is attempting to define what "Capitalism" is. :rofl:

Certainly there are degrees of it, including the generally liberal-recommended Crony Capitalism with its infamous public-private partnerships that benefit Special Interests and often dangerously combine the power of Big Government and Big Business.

But what is theoretical "Capitalism?" Ideally:
Full Definition of CAPITALISM
: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

http://www.merriam-webster.com/dictionary/capitalism
Gosh, doesn't look like they're "sworn enemies" to me. :clap:

Looks like under ideal circumstances they're the same thing.
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