Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 521066682312032267
Simple as that
Mises wiki
So yeah..
Nothing in that definition does it mention state intervention
correct
which is why capitalism is the free market
my point
It doesn't say in there that capitalism can't have state intervention
yes it does
read it
Read it
You interpret it wrong
Capitalism is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by **competition in a free market**.
That's America
eh, i think this is too far either side
in every capitalist country ever we have some regulations
unless we have anarcho-capitalism there is always some regulations or whatever
no
as there is no free market
It is free
No it is not
as there is state intervention
so there are no capitalist countries?
^
I'm not calling for free market completely
not even singapore or hwatever
just as free as possible
So what makes Mises's definition the true one?
They are close to free market
we have to be real here a perfect market doesnt exist
but they aren't truly Capitalist
yes of course
perfect anything doesnt exist
there is no free market
Nice spooks @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
I'm advocating for a closest to free market
we can be free market even if its imperfect,
as for debates I'll refer to the freest economies as capitalist
Property is actually not a thing, only a concept