Well, we haven't defined our terms. I define capitalism more narrowly than you apparently do. I say it is mass production (i.e., more than could be sold locally) of goods and services for sales in geographically extended markets. As Marx understood, we need capitalism (defined that way) to have enough for everyone at affordable prices.

Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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