Anonymous #1 21h

What is true capitalism?

11

Anonymous #2 21h

An actual free market without government lobbying and central bank interference. A free market can’t print money or set interest rates or lobby for favorable legislation in Congress.

-6

Anonymous #1 21h

What stops a monopoly then?

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Anonymous #2 21h

Minimal government intervention that isn’t the result of corporate lobby

-3

Anonymous #1 21h

Smith vastly under estimated the power of monopolies…this is one of the biggest critiques of his work. Saying “less gooberment” isn’t a real answer to a system that already called for less in the first place.

15

Anonymous ___joker__ 20h

It’s not a perfect system but you can’t say capitalism is bad because of modern day America bc we don’t operate like a capitalistic society at all

-4

Anonymous #1 20h

"socialism is when government"

8

Anonymous #1 19h

No one here said capitalism was bad yet though? OP made a qualifying claim on what is and what isn’t a leftist, a claim I happen to agree with. I’m not a leftist and have just as much critiques of them as they do capitalism, but this “pure capitalism” and “pure socialism” is just a way to run from arguments.

10

Anonymous #1 19h

You’re essentially switching between 2 arguments which are, “capitalism as a real-world political economy” and “capitalism as an idealized free-market model”. That allows you to claim objective good things done under capitalism by your metric while also saying that it’s not “real capitalism” when a real critique is made.

6

Anonymous ___joker__ 19h

I never even made an argument originally I asked OP a question then someone asked me a question and I answered. You can dislike capitalism there’s arguments against it but if you hate it because of modern day America that’s when I take a problem to it.

0

Anonymous #1 19h

You setup your question as “do you think America is TRULY capitalist”. It is. That’s the only correct answer. The United States is a capitalist country. You don’t get to define it out of existence because of critiques. The same goes for the socialism and the critiques of the USSR. If they have to take it on the chin, so do we.

5

Anonymous ___joker__ 19h

Fair you don’t understand nuisance and everything is black and white to you, no point arguing with that.

-1

Anonymous #1 19h

The irony is that I’m the one treating capitalism like an actual economic system. You’re treating it like a religion. Every success is evidence of its truth, every failure is explained away as heresy. I’m glad you got the “Invisible Hand” handout from The Wealth Of Nations in summer class though. If you need to borrow the book, let me know…I can send you my copy through postage if you’d like.

4

Anonymous ___joker__ 19h

No man I’m just not judging a economic system based off a country who’s passed so much legislation that the economic system is irrecognaslizable. Do you seriously think pre federal reserve capitalism is the same as post?

1

Anonymous #1 18h

Of course not. 1910 America isn’t the same as 2026 America. Nobody is claiming it is. Just say laissez faire already and get it over with…fuck dude.

4

Anonymous ___joker__ 18h

Dam ur a moron

0

Anonymous #1 18h

you're dumb as hell 😭

6

Anonymous #1 15h

Well at least we all know who’s been watching PragerU and who has actually just read the actual material

1