GenSeneca
Well-Known Member
Then you are misusing the term Capitalism...Any country that has private ownership is partly Capitalist.
But using your logic, every country with at least some public ownership must therefore be partly Socialist.
Why then do you refer to such countries as operating on a Capitalist, rather than a Socialist, economy?
Yes a Mixed Economy, as in, NOT a Free Market economy. And when something goes wrong in your beloved Mixed Economy, you immediatly blame Capitalism, i.e. a Free Market that doesn't even exist.If it has a mixture it is a mixed economy.
Up and Down? What do you mean by this? Do you not understand what a dimmer switch is?Unlike your light bulb example there are more than two switches, off and on but also up and down.
Yes, it is. A Free Market is FREE of FORCE, and barring the use of force from human relationships IS a moral concept.The word Free in a free market is not a moral concept.
None are Free, Most are Mixed, a few are Controlled.Some markets are more Free than others.
Capitalism does not exist on a sliding scale. Either the government is barred from initiating the use of force against it's citizens or it is not. Either the government is strictly limited to equally protecting the rights of individuals or it is not.But this does not mean the more Capitalism the more free you are.
It is only under Captialism that everyone IS free because it is the only system that does not allow any individual or group, not even government itself, to initiate the use of force against others.Extreme un regulated capitalism is not free except for a few.
Capitalism requires a Free Market and all property is privately owned.Mercantalism operated in a Capitalist economy and was the opposite to benig free.
Mercantilism required some level of government control over the economy, therefore, it was not operating on a Free Market but a Mixed Market.
Mercantilism also operated with a great deal of public ownership over the means of production, therefore, it was not operating on a Capitalist economy but a Socialist economy.
All Socialist economies are the opposite of being free.