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Why Won’t They Just Say “Capitalism?”
(noncompetemedia.substack.com)
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because they mean oligarchy. I like capitalism when its taxed properly with social safety nets and highly regulated. Its great for things that don't matter like tvs or toys. provided there is competition. anytime there is no competition or for anything everyone needs. well that should be government run and avialable to all.
Competition gradually dies away as markets centralize. The progressive elements of markets belong purely to a historic era of development in much the same way the bronze age did.
"I like feudalism so long as the nobility is properly regulated and the king is benevolent"