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important rulepost (lemmy.world)
submitted 2 years ago by dsmaster7173@lemmy.world to c/196
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[-] fae@lemmy.world 12 points 2 years ago

Simply having a stock market doesn't mean the markets are free to function as they please.

are u saying that government intervention in the "free market" = communism?

as a reminder, communism is a stateless, classless, and moneyless society.

also, state intervention in the market does not make a country no longer capitalist, they all have that.

but comparing usa to nazi germany or current day china is delusional

i was just giving u a list of genocidal capitalist countries, i wasnt comparing them with each other.

many countries are built on genocide thanks to colonialism. canada is one of them, and it has not changed its course

[-] cryball@sopuli.xyz 1 points 2 years ago

are u saying that government intervention in the “free market” = communism?

I mostly agree with the rest of the points, but I have to comment on this. I'm not implying that china is communist. AFAIK I did not state that in my comments. What I am saying is that government intervention in free markets is antithetical to capitalism. That doesn't make it communism, socialism, or any other flavor of purism, but still disqualifies the country from being capitalist.

[-] fae@lemmy.world 5 points 2 years ago

I'm not implying that china is communist. AFAIK I did not state that in my comments.

yea i figured. just wanted to make sure 👍

government intervention in free markets is antithetical to capitalism.

all the countries i mentioned have/had corporate taxes

still disqualifies the country from being capitalist.

oof so by that definition, are there any capitalist countries right now? has it ever been tried and succeeded so far? if any intervention in the free market makes a country no longer capitalist, i mean.

Sry but this is just bullshit. Nearly every country does that and they are capitalist. Its not antiethical, its needed to stabelise capitalism (even in the USA there are ISO norms, food and drug administration, tax differences for different corporations etc. Pp.)

this post was submitted on 13 Jun 2023
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