From: Jason McVetta <jason.mcve...@gmail.com>
On Jul 14, 2017 11:53, "jim bell" <jdb10...@yahoo.com> wrote: I've long believed that people should stop using the term "capitalism" when they probably mean, "free market". "capitalism" might be the 1800 equivalent of "crowdfunding". >I agree people should use the word "capitalism" more sparingly. However it's >not because most people mean "free market" when they use the term. >Rather it's because some people mean "free market", whatever that means. Some >mean "the dominance of economy and society by mechanistic usury". Some mean >"democracy", whatever that means. Some mean "American style police state >tyranny". And some mean "the actually-existing socioeconomic system in >America today". >The profusion of definitions in use, and the sometimes fuzzy boundaries >between them, make the word "capitalism" not very useful for communication >without a lot of context. I agree with all of that. This amounts to a vague mish-mash of meanings, where the meanings themselves can be gravely in error. Yes, some people refer to the American system as "free market", which I think is laughably inaccurate! If anything, I think the reason that governments support Riseup (sorta behind the scenes) is actually to keep true "free markets" at bay. I have long believed that we would be much better off with a true, anarchistic free market (which some call "anarcho-capitalism") with what we currently call "government" dissolved. Jim Bell
