Post
Topic
Board Economics
Re: My bank account's got robbed by European Commission. Over 700k is lost.
by
xenofanesSkarak
on 13/07/2013, 13:42:08 UTC
That is not capitalism, it is fascism or socialism or, as someone said above, crony capitalism:
Capitalism is a social system based on the principle of individual rights. Politically, it is the system of laissez-faire (freedom). Legally it is a system of objective laws (rule of law as opposed to rule of man). Economically, when such freedom is applied to the sphere of production its’ result is the free-market.
 -- http://capitalism.org

I heard true capitalism died in December 1913 in the US Undecided
Now, european planned economy is more close to fascism.


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