Niclas Hedhman on Nostr: atyh I got the impression that the word "capitalism" once meant "free markets", but ...
atyh (npub1vyr…fy55) I got the impression that the word "capitalism" once meant "free markets", but as the laissez-faire beginnings got hi-jacked by the rise of state power, "capitalism" remained the term, although the system eventually evolved into the "soft-socialist welfare state" with strong cronyism elements.
Published at
2023-08-31 05:24:09Event JSON
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