05-11-2020, 11:43 AM
(05-11-2020, 11:17 AM)Warren Dew Wrote: That's a very loose definition of capitalism, or at least of free market capitalism. I could as justifiably call US Democrats communist.
Capitalism is defined by its name. It's the private ownership of productive enterprises and similar investments. At its basic level, the rule of law is totally beside the point. Actually, the same applies to socialism's communal ownership. That's one of the reasons people pointing to the Scandinavian countries as examples get totally incensed by right-wing references to Cuba and Venezuela. Political and economic systems are orthogonal.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.
