allocates the resources

...

Capitalism also often requires trade controls to favor domestic producers and consumers, which only the state can effectively enforce

thats not capitalism^^^

thats protectionism which is a form of socialism

and not capitalism

not if I get him first @el pebble

He has to be like 15 @ＩＶ ＬＩ Ｖ Ｓ

I'M 16

lmao

Bingo

gottem

No you said 15

15 is as accurate as your definition of capitalism

Gottem

(Inaccurate)

listen kid, take a fucking intro level econ course

I take economics for school

you'll enjoy it

but I know alot more

....

Hence why I'm schooling you on it rn

what the fuck school system produced you

In a free market both sides agree to the given contract at a moment however someone must enforce the contract, one side otherwise has the upper hand to fuck ove rthe other side. Ergo it does in fact need a greater force that can create legal groundwork for the concept itself to exist. Otherwise the contract can be changed for whatever reason and if ther eis no govorment a once fair contract can turn into slavery overnight

I'm currently in high school

lol

this is why public school is a joke here

fuck me

correct private schools are better

capitalism > socialism

@Bogatyr Bogumir No you don't understand

if you had gone to a good private school you wouldn't be this retarded

capitalism requires a free market and no state intervention to allocate resources

I don't anyways

I'm still schooling you on economics

I don't see why you're so mad anyways

it's a debate

no this is no debate

You're just saying it has to have no state intervention while market economies only exist when a state can ensure it happens

I'm trying to wrangle a local tard

demokratiaToday at 17:28
You're just saying it has to have no state intervention while market economies only exist when a state can ensure it happens