• @[email protected]
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    1 year ago

    Are we genuinely arguing that we are not living in a capitalist society?

    We live in a mixed economy. We do have private ownership of capital (capitalism), but we also have community ownership of capital (socialism).

    Is that still a capitalist society? Formal definitions of “capitalist society” suggests to me that you must have a capitalism economy and also a government that I think most people here would call “libertarian”. That does not describe Canada.

    • @folkrav
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      11 months ago

      deleted by creator

      • @[email protected]
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        1 year ago

        Free Market is not all Capitalism is.

        Capitalism most definitely has nothing to do with free markets. Capitalism is very specifically the state of having private ownership of capital. Nothing more, nothing less. Clearly you can have capitalism and regulated markets. There is no market in Canada that is not regulated, but we still manage private ownership of capital just fine.

        “Capitalist society” is something else, but not well defined, so that is where the question stems from. You disagree with the definitions I could find, which is fair, yet failed to offer your own. Is there a reason you are running away from the question and going on weird random tangents?