Pretty sure I explicitly struck out all references to communism so I don’t know what you’re talking about. My comment was about the fanciful idealism required to justify capitalism. Show me one instance of capitalism implemented in democracy (which didn’t devolve into cronyism).
Switzerland? Netherlands? Hell, even France, Germany?
Invoking cronyism as a downside in itself is silly. It’s not what matters, what matters is the quality of life. And just because US and a few other capitalist countries have drank from the neoliberal fountain and are unable to stop, it doesn’t mean that that is the only way. In fact social democracies, of which there are quite a few examples around the world, are pretty much still capitalist democracies whit none of the crap neoliberal ideas lead to.
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 down in the neoliberal fountain.
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.
Bullshit take. Show me one instance of communism implemented in a democracy and I’ll agree to your point, but you can’t because there isn’t one.
Pretty sure I explicitly struck out all references to communism so I don’t know what you’re talking about. My comment was about the fanciful idealism required to justify capitalism. Show me one instance of capitalism implemented in democracy (which didn’t devolve into cronyism).
Switzerland? Netherlands? Hell, even France, Germany?
Invoking cronyism as a downside in itself is silly. It’s not what matters, what matters is the quality of life. And just because US and a few other capitalist countries have drank from the neoliberal fountain and are unable to stop, it doesn’t mean that that is the only way. In fact social democracies, of which there are quite a few examples around the world, are pretty much still capitalist democracies whit none of the crap neoliberal ideas lead to.
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 down in the neoliberal fountain.
Every one of those four economies are democratic capitalist economies. What is mixed?
The fact that every successful “capitalist” economy is heavily regulated speaks to the efficacy of pure capitalism.
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.
Uh huh, the old “Real capitalism had never been tried” cliché
I am giving you examples of perfectly functioning nations under capitalism, you’re replying one sentence nonsense. This conversation is over