this post was submitted on 13 Jul 2023
582 points (81.0% liked)

Memes

45746 readers
1572 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] nachtigall@feddit.de 1 points 1 year ago

I appreciate your effort, but my comment probably wasn't what you would call "good faith".

Even leaving aside the rather odd US scale, a liberal economic system is inherently capitalist, since capitalism is defined by private ownership of the means of production, wage labour, exploitation of workers and pricing in a market. All this is still present in what you call a liberal economic system (even if some of these effects are dampened) without touching the root of the problem, so it is indistinguishable from, or even equal to, capitalism, whether in an unregulated or regulated flavour.