• @agamemnonymous@sh.itjust.works
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    1 year ago

    Every one of those four is a mixed economy with significant central economic planning and regulation. Without substantial oversight, capitalism tends to degrade into private monopolies with feudalistic tendencies over time. Like I said, it’s an idealistic system which looks great until actual people are involved. Then you have to either modify it past anything but a spiritual similarity, or drown in the neoliberal fountain.

    • Every one of those four is a mixed economy with significant central economic planning and regulation.

      Every one of those four economies are democratic capitalist economies. What is mixed?

      • central economic planning and regulation

        The fact that every successful “capitalist” economy is heavily regulated speaks to the efficacy of pure capitalism.

        • @RidcullyTheBrown@lemmy.world
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          1 year ago

          There is no such thing as pure capitalism. If you’re talking about capitalism without regulations, that is called anarcho - capitalism and it doesn’t actually exist anywhere at the moment.

            • I am giving you examples of perfectly functioning nations under capitalism, you’re replying one sentence nonsense. This conversation is over

              • I am responding to your points with the same logic you initiated. You won’t acknowledge that you’re operating on a double standard where communism is a fundamentally idealistic and flawed whenever actually implemented, but it’s different for capitalism because reasons. This conversation never started.