I think 'authoritarian' and 'non authoritarian' is a better paradigm. (but I love infuriating lefties by mentioning the very name...They have no sense of humor lol)
The left can only succeed with authoritarianism , as the current pro establishment stance from the left is showing.
(first revolutionary and rebellious, then inevitably mainstream...)
I find the leftist attitude much more sheep like when adhering to their political 'philosophy' (I use that term very loosely).
Human nature is very much in line the real capitalism. That's why it - as a system - was employed waaaaaay before money was invented - and why it's not an ideology.
I have no particular attachment to — or detachment from — either side of the table... my first interest lies in understanding how the growing prevalance of wilful malfeasance throws a system out of balance... and what (counter)measures are in place to ensure that such actions don't result in the collapse of the system.
I love the idea of "mom and pop capitalism," and it's actually part of why I ended up in the USA rather than in my native Denmark. BUT... it doesn't actually EXIST, it's an ideal that has been largely replaced by the feudal corporatocracy. And whereas I can appreciate the perspectives of Menger and other Austrian School theoreticians, I have to remind myself that they operated within the intellectual confines of universities and think tanks, they weren't actually out there running stores, factories or hospitals.
Yes, the lefties are definitely more sheep-like...
it doesn't actually EXIST, it's an ideal that has been largely replaced by the feudal corporatocracy
100% agree.
...they weren't actually out there running stores, factories or hospitals...
Austrian school economics is merely extrapolating into detail, the very simple dynamics of free markets.
The stores factories and hospitals need no theories.
Just the freedom of free markets.
Making things over complex, is just food for the lawyers. (and other parasitical beings)