Replying to Avatar vincenzzo

Some call it late stage capitalism or crony capitalism. I agree the naming is problematic. I think it should just be called corruption. Free market capitalism doesn't exist as far as I can tell. Maybe in some smaller ways but not globally or nationally.
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OrangešŸŠManšŸ‘¤ 1y ago

Unfortunately, true ownership of the means of production is unattainable because the economic tool we use, fiat money, is inherently tied to communist principles.

How can one truly own the means of production when we're using central bank notes designed to drain your time and energy? None of this aligns with capitalism.

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vincenzzo 1y ago

I think its not capitalism we have but people use the word mistakenly to describe it.