Lol mcfly... okay vanilla ice.... Capitalism vs freemarket trading are two seperate things. Capitalism is focused on the creation of wealth and ownership of capital and factors of production, whereas a free market system is focused on the exchange of wealth, or goods and services. A free market system is based solely on supply and demand and leads to free competition in the economy, without any intervention from outside forces. On the other hand, a private owner in a capitalist system can have a monopoly on the market and prevent free competition. Which is whats currently going on yo.
You never addressed free market money which is most important. Capitalism is free market trading. Capitalism is private vs. state as well. What monopoly's are around anyway. I have more choice today than ever except with my vote
Well, valid point. I agree with you on the healthcare front. Here in Australia healthcare is available to all. I'm not aware of any country other than the U.S where it is mandated.. no your right capitalism doesn't exist and the mass wealth inequality is some rare kind of coincidence.
Corruption, I believe is the number 1 factor to mass wealth inequality. The more governments have their hands in everything we do, the easier for the rich to buy corruption.
Lol mcfly... okay vanilla ice.... Capitalism vs freemarket trading are two seperate things. Capitalism is focused on the creation of wealth and ownership of capital and factors of production, whereas a free market system is focused on the exchange of wealth, or goods and services. A free market system is based solely on supply and demand and leads to free competition in the economy, without any intervention from outside forces. On the other hand, a private owner in a capitalist system can have a monopoly on the market and prevent free competition. Which is whats currently going on yo.
You never addressed free market money which is most important. Capitalism is free market trading. Capitalism is private vs. state as well. What monopoly's are around anyway. I have more choice today than ever except with my vote
No choice in healthcare either which is government mandated....Cause the U.S. is Capitalist?
Well, valid point. I agree with you on the healthcare front. Here in Australia healthcare is available to all. I'm not aware of any country other than the U.S where it is mandated.. no your right capitalism doesn't exist and the mass wealth inequality is some rare kind of coincidence.
Corruption, I believe is the number 1 factor to mass wealth inequality. The more governments have their hands in everything we do, the easier for the rich to buy corruption.
It's not coincidence, it's the benefits of investing in corruption. Like the benefit of being a private share holder of the Federal Reserve
Plus the TPP trade agreement is still in effect for many countries. So freemarket trading is happening to a certain extent actually.
I like that.
''mass wealth inequality is some rare kind of coincidence''
No, corruption is not a cause. Corruption needs two sides. And always, capitalists are the first side, not the government.