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Replying to Avatar atyh

Adam Smith discussing the difference between capital freely flowing to the greatest areas of opportunity,

as opposed the capital hoarding of mercantilists to gain political and market leverage, is another example to me of capitalism and free markets not being the same thing.

b5
b5bc4ba5... 2y ago

nostr:npub1vyrx2prp0mne8pczrcvv38ahn5wahsl8hlceeu3f3aqyvmu8zh5s7kfy55

Oh, these are two very different things, absolutely, their dynamics are even opposed by nature. Pushing the idea that it is all about the same economical paradigm is a pure lie.

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