Posted on 07/05/2025 5:50:09 AM PDT by MtnClimber
I wouldn’t go that far. But I would say it’s part of it.
It was Karl Marx who defined and popularized the term. He used it to describe an economic system that was doomed to fail.
How the hell did this crazy nutball communist who talks about seizing the means of production when the Democratic primary for New York mayor? Our Democrats this stupid? Nowhere in the US Constitution is it legal to seize the means of production.
free enterprise is the result of the natural law of individual rights
capital is required to have a decent standard of living
should the capital be controlled by the govt or individuals?
by the govt is a totalitarian society
by individuals is a free society
so does the US have capitalism or free markets?
I think Jesse Jackson said something like “Without capital, capitalism is just another ism.”
“Ev’rybody’s talking ‘bout
Bagism, Shagism, Dragism, Madism, Ragism, Tagism
This-ism, that-ism, is-m, is-m, is-m
All we are saying is give peace a chance
All we are saying is give peace a chance”
“does the US have capitalism or free markets”
It has both. Very easy to see it. Just look at ebay, etsy, craigslist, FBmarketplace etc. They’re all free markets using currency or barter.
In Iraq, in 2004 I saw that capitalism and free market are the default economy among people. The market only gets corrupted by greedy and lazy ppl who try and game it thru their own laziness and corruption.
Which is why the rich love socialism.
Free enterprise!
Free enterprise.
Socialism, fascism, communism are designed systems. They are planned economies with a single plan and planner (individual, committee, or government). It can seem logical and orderly, with everyone doing as they are told. However, the plan is superficial as not every relevant thing can be identified in a timely way.
“Capitalism” is an attack term. I prefer to say, “free enterprise system.” It’s what happens when people are free. People freely produce, freely trade, freely organize for productive purposes. There is no single plan. Everyone is a planner. The plans produce predictable results. Lots of problems are identified and solved and progress is made.
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