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@avlcharlie How is it a oxymoron. All capitalism is is any system which includes free market trade, that is, trade in which natural supply-demand pressures dominate the markets pricing.
Nothing about that implies greed or altruism, it only implies everyone is trying to maximize their own fitness function (get the most utility for their resources). Its about effiency not greed.
I agree with that definition, but when you combine it with State powers/violence, the crapitalism that we have today rears its ugly head. And even that is better than Socialistic Totalitarianism that arises from the mainstream "alternative". Again, State power is the root of the problems no matter how we organize the economics.
That isnt c"capitalism we have today".. thats like sayi g " your steak here sucks because when im eating it the waitor keeps punching me in the face".. has nothing to do with the steak.
Capitalism isnt a government, it is one amo g thousands of qualities governments have. The capitalism aspect is not the problem at all or related much to the proble. The problem is the state has ple ty of pri ciples unrelated to capitalism that make thr system fucked. But lets not pretend that is capitalism
@freemo
I totally agree! Just pointing out that lefties tend to conflate the matter.
@avlcharlie