Damus
note1whgaf...
nostrich profile picture
I define capitalism more deeply than merely having capital. I take the Ayn Rand view and factor morality into economic systems. Some people try to break them apart but I don't see how you can without removing humans from the equation. This is why so many US economists miss the entire point. It's about human life and flourishing, not mathematics.
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JBN · 6d
I would say capitalism in its truest form is a condition of mutually beneficial arrangements that are free of force, fraud, or coercion, that don't harm others. Freedom to trade with each other as we see fit. The weakness is when the surrounding culture doesn't protect those who are of lesser abili...