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To: sargon
Without being accused of being too knee-jerk, my humble proposal is that we actually practice something approaching capitalism, or free enterprise, if you will, before condemning it.

I submit that we have simply not seen capitalism in America for about 100 years, and therefore that central thesis of distributism, in the context of the last century or so, does not describe the American economic system.

Replace capitalism with "crony capitalism" or "corporatism," and the thesis starts to make much more sense to me.

Classical free enterprise (capitalism) is a phony enemy as far as this "distributism" is concerned.

Or am I mixing "free enterprise" with "capitalism"? Do they mean the same thing? I'm not an economic theorist, but I'd like to know the difference, if there is any.

Beyond that, any free market, voluntary solutions to our current situation are, of course, welcome.

71 posted on 10/19/2011 9:15:28 PM PDT by sargon (I don't like the sound of these "boncentration bamps")
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To: sargon

I think I agree with you in that it would be inaccurate to describe our current economic system as capitalism.


73 posted on 10/20/2011 6:25:18 AM PDT by WPaCon
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