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

    Without additional qualifications on the term capitalism, that is a terrible definition of capitalism.

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

      Feel free to come up with a better definition. It’s the one you’ll find in most dictionaries and textbooks. Of course there are more elements to it depending on the exact philosophy (more or less free market et al), but in the end, it all boils down to exactly that ¯\_(ツ)_/¯