(March 11, 2016 at 9:20 pm)paulpablo Wrote: Capitalism in a free market is made up of voluntary exchange, wage labour, private ownership of the means of production, so on and so on (snip).
And, do your really think, this applies to todays capitalism?
I always make a distinction between a free market and capitalism. The same way as I make a distinction between social democracy and socialism - or communism in it's worst case. Note the ism in all these words. In most cases it points to a system running unchecked. And that's never a good thing, since any given system isn't in the business of correcting itself.