• agamemnonymous
    link
    fedilink
    arrow-up
    3
    arrow-down
    2
    ·
    edit-2
    1 year ago

    Every one of those four is a mixed economy with significant central economic planning and regulation. Without substantial oversight, capitalism tends to degrade into private monopolies with feudalistic tendencies over time. Like I said, it’s an idealistic system which looks great until actual people are involved. Then you have to either modify it past anything but a spiritual similarity, or drown in the neoliberal fountain.

    • RidcullyTheBrown@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Every one of those four is a mixed economy with significant central economic planning and regulation.

      Every one of those four economies are democratic capitalist economies. What is mixed?

      • agamemnonymous
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        1 year ago

        central economic planning and regulation

        The fact that every successful “capitalist” economy is heavily regulated speaks to the efficacy of pure capitalism.

        • RidcullyTheBrown@lemmy.world
          link
          fedilink
          arrow-up
          2
          ·
          edit-2
          1 year ago

          There is no such thing as pure capitalism. If you’re talking about capitalism without regulations, that is called anarcho - capitalism and it doesn’t actually exist anywhere at the moment.

          • agamemnonymous
            link
            fedilink
            arrow-up
            1
            arrow-down
            1
            ·
            1 year ago

            Uh huh, the old “Real capitalism had never been tried” cliché

            • RidcullyTheBrown@lemmy.world
              link
              fedilink
              arrow-up
              2
              ·
              1 year ago

              I am giving you examples of perfectly functioning nations under capitalism, you’re replying one sentence nonsense. This conversation is over

              • agamemnonymous
                link
                fedilink
                arrow-up
                1
                arrow-down
                2
                ·
                1 year ago

                I am responding to your points with the same logic you initiated. You won’t acknowledge that you’re operating on a double standard where communism is a fundamentally idealistic and flawed whenever actually implemented, but it’s different for capitalism because reasons. This conversation never started.