Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 519973620118978573
Not always
@Draco It's mostly because of state control
Not when they do discreetly
As is often the case
Boycotts are seldom seen
Well, Free Market =/= Capitalism. A controlled market may be capitalist or socialist.
free market is capitalism
that is the definition
Adam Smith himself
God help lolberts
All lolberts eventually turn natsoc tho
It's inevitable
Which definition?
Free Markets are those markets where invisible hand is at work
he doesn't care if society falls down he just cares about muh free market
Capitalists market are those where people having contributed capital have a stake in profits
The latter has to do with profits and not allocation of resources
way too materialistic
DracoToday at 20:22
Which definition?
Free Markets are those markets where invisible hand is at work
Correct
But that is not capitalism. Capitalism just relates to profits.
Because there have been Capitalist countries.
No there haven't
theres never been a free market
making a profit =/= capitalism
I did not say that. Capitalism is a system where contributors of capital have a share in profit.
Yes but that does not define capitalism
Well, that is a pretty standard economical view of capitalism. This is also how, it differs from Marx's view of economy.
Marx didn't invent capitalism
No, he did not. Capitalism is, as the name suggests, a system with an emphasis on capital as contributor to goods. Marx used that and made his system in opposition to that
This is government spending in 2009
Business freedom in 2009
Labour Freedom in 2009
Overall Score in 2009
Property rights in 2009
What else happened in 2009