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2024-01-30 23:10:58

Kuvshinov_Ancap on Nostr: Communists complain that "capitalism" (state corporatism) has a lot of monopolies. ...

Communists complain that "capitalism" (state corporatism) has a lot of monopolies.

Austrian Economists know that monopolies are created and maintained because of the state. Especially after what happened in 1971, which removed the gold as a standard and destroyed the money, now the state can just print more money and have more debt. In addition, of course, taxes, regulations, fees, etc.

What do the communists think it's a solution? To have everything in one place, a centralized state-owned company. In other words, the communists think the solution is to have a state monopoly to produce everything.

#grownostr #ancap #economy #austrianschool

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