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will.stedden > bonkerfield

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2/12/2021 09:42:00 AM

I think that this exchange is precisely why I'd like to see the definition of capitalism more prominently displayed on this subreddit. Anarcho, crony, and free market are all *modifiers* of the core definition of capitalism: "[an economic system based on the private ownership of the means of production and their operation for profit](https://en.wikipedia.org/wiki/Capitalism)". The modifiers all imply different mechanisms to achieve this core precept. However the mechanisms can be put towards different goals as well. This is why I think free market should be separated from the idea of capitalism. This sort of debate over sub-processes could be more clearly understood in ours and the public's mind.