when capitalism fucks up in unexpected ways it’s still capitalism but when socialism results in genocide “WELL WE’VE NEVER SEEN REAL SOCIALI
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@sarahjeong OTOH, when successful market economies have a heavy dose of regulation/state involvement, they still count for capitalism.
@wonkinakilt pretty much everything IRL gets to count for capitalism which i think might be a definitional flaw for everyone
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@sarahjeong Exactly. Right now we pretty much count North Korea as Communist, a few other places as ungovernable, & the rest as capitalist. -
@sarahjeong My conclusion is that debates abt "capitalism" are usu. so ill-defined as to be worthless, & better to debate specific policies.
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