"Nazism (national Socialism) and communism (international socialism) were but two sides of the same coin." - Margaret Thatcher

submitted by AXXA from goodreads.com

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[–][deleted] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (3 children)

Correct, both combine state power with market power in the government, which usually leads to very powerful and oppressive governments. Capitalism is supposed to separate markets and state

[–]Jesus 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Capitalism is an incorporation in which all statutory laws are founded.

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (1 child)

Capitalism is an incorporation in which all statutory laws are founded.

That doesn't make sense...statutory laws are what grants a corporation corporate status

Capitalism is simply an economic arrangement in which you have a market economy, rather than a centrally planned one, and the means of production are privately rather than publicly owned. Any economic system with these two features that you could possibly conceive of is a type of capitalism

[–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

You're the title, but it ain't the reality.

https://saidit.net/s/debatealtright/comments/89hv/the_problem_with_capitalism_is_that_theres_so/