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Capitaleftism
(lemmy.nz)
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this post was submitted on 30 Jun 2026
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Capitalism is the part where having money makes money. Markets are a different thing.
Yes I'll admit I was thinking of market economy. Nevertheless both the Nordic countries and modern day China are places where having money makes money. That's still capitalism. Only north Korea would be out.
China is a capitalist state in all ways but officially now. It's closer to fascist than it is communist at this point. Enterprises are not owned by the people, capital is owned by individuals who are beholden to the state.