"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
"Free Market Capitalism" is an Oxymoron
Submitted by Mike Powers on Mon, 2010-07-19 03:00
"Big business has been a creature of the state from the beginning. And genuinely free markets would operate as dynamite at the foundations of corporate power." By Kevin Carson.
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Comments
"Capitalism" is definitely a problematic word. Geez, now what are we going to call anarcho-capitalists? Anarcho-freemarketists? Heh.
I guess the author thinks that the word 'capitalism' has been corrupted but the term 'free market' has not?
Capitalism gets its meaning from the word capital. Pretty simple. Free market is pretty self explanatory. We're going to worry about all the people who misuse the English language now? Like the author, for example?
What an annoying title.