Capitalism is not a form of government but rather the means of executing economic policy, characterized by individual control over money allocation in an open economy, which differs fundamentally from state-controlled closed economies; while complete anarcho-capitalism may lead to tyranny, the ability to direct one's money is not inherently evil, and mixed economies with republican governance provide unprecedented opportunities for social mobility.
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Socialists Misdefine Capitalism Every Time #capitalism #socialism #factsAdded:
Since the evidence is showing that a socialist does not have the capacity to do any research whatsoever, I'm going to hit you with another definition today.
Today's definition is capitalism.
Despite what the cognitively deficient may have you believe, capitalism is not a form of government. It is the means of executing economic policy.
You either have a state-controlled, completely closed economy or you have an open economy.
Capitalism, by definition, means that the individual gets to say where their money goes.
A closed market doesn't happen that way.
And yes, there is opportunity for tyranny to spring its head up.
Complete anarcho-capitalism must inevitably lead to tyranny in the exact same way that socialism does for slightly different reasons. I do have a video that is available to explain those differentiations a little bit better.
The ability to say where you want your money to go is not evil. The execution of it sometimes may be perceived that way, but generally speaking, if the opportunity for tyranny raises its head in a capitalistic society, it simply means that somebody else is not using capitalism to the best effect.
There is no other system than our mixed economy and our republic that gives a greater opportunity for the generationally deprived to raise their status.
It is really unprecedented in history.
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