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this post was submitted on 21 Aug 2023
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If its actually well regulated it wont be capitalism. Just like Europe has many kingdoms yet isnt full of actual monarchy.
All capitalism is, at its core, is the system of owning and investing capital for greater returns later. You can have that while regulating things--at least in theory.
An actual dictionary definition of capitalism:
Any definition of capitalism that doesn't in some way mention private ownership of capital is simply wrong.
So your issue is that I didn't use the word "private" in my write-up?
Yes. If you leave out that part you're just describing human behavior in general.