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CAPITALISMS
October 1, 2013
One thing one might call "capitalism":
o state corporate capitalism-- which
in some versions at least, gets When the political process is
called fascism. thoroughly corrupted by
commercial interests, and
commercial interests advance
based on government favors
Another capitalism:
o Private ownership, with a medium of
exchange like cash. where one trades
for goods and services on a market,
where various legal hacks ("regulation")
are in place to restrain more egregious
abuses.
Still another:
o Markets without any constraint on
accumulation, where runaway conditions
exist with the accumulation of wealth
among a small segment of society.
When the marxanians start
complaining about "capitalism",
and a need for "alternatives to
capitalism", I literally don't
know what they're talking about.
But then, I don't really want
to ask, either.
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