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submitted 11 months ago by davel@lemmy.ml to c/memes@lemmy.ml
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[-] Cowbee@lemmy.ml 3 points 11 months ago

Markets, not Capitalism, can be useful at lower stages of development. However, over time, they become more and more exploitative and inefficient, transforming into Imperialism across international lines. Public Ownership and Central Planning becomes more efficient with respect to the level of development of market industries.

this post was submitted on 07 Dec 2024
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