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Replying to Avatar Cpt. Charisma

Inefficiency is a feature of the world we live in, not capitalism. Capatilism is a result of dealing with this limitation. We have limited time and resources and need to allocate them in the most efficient way possible. The best solution so far is to do this on a distributed basis using money and prices, aka a free market.

P.S. Capitalism is a term invented by communists to imply that we worship or are ruled by capital

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Laeserin 1y ago

I'm aware that they came up with the word "capitalism", but they didn't invent the word "capital" or the underlying system.

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