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26 sats \ 3 replies \ @7e6e393a56 12 Oct \ on: How the Bankers Outfoxed the Politicians econ
There is no capitalism without the state. All banks go hand in hand with the state
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0 sats \ 2 replies \ @Undisciplined OP 12 Oct
Definition: "Capitalism is an economic system based on the private ownership of the means of production and their operation for profit."
The state is actually completely antithetical to capitalism.
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20 sats \ 1 reply \ @7e6e393a56 12 Oct
I didn't write based on definition, but based on reality. Look for large private companies and see if they are not in conjunction with the state
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0 sats \ 0 replies \ @Undisciplined OP 12 Oct
Obviously they are. Why are you referring to systematic violations of property rights as "capitalism", though, when that's the opposite of the word's meaning?
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