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To: SeekAndFind
Nobody alive has lived under capitalism. The key tenet of capitalism, is private capital. We don't have capitalism today because of the vast network of private lenders and 'capitalist' have been replaced via government.

The unseen hand is now artificial interest rates, government grands, loans, bacsktops, the Fed and other forms of government largess.

22 posted on 01/16/2023 7:26:50 AM PST by Theoria
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To: Theoria

“Nobody alive has lived under capitalism.”

The closest thing to true capitalism these days is the black market—wherever it appears around the world.

The transactions are not taxed or regulated since they are illegal.

While there are obvious issues that get a lot of headlines most of the time for most of the participants it works rather well.

My own experience was obtaining Cuban cigars by mail order from European vendors.

No taxes.

All high quality goods delivered as promised.

Fair prices.

Win win.

(Nowadays the prices are too high—because the Cuban economy has collapsed and produces only about a third of the pre-Covid output.)


38 posted on 01/16/2023 8:35:27 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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