Capitalism, if I remember from my econ classes decades ago, as described by Adam Smith, is supposed to have a strong gov’t regulatory component. Not work hand in hand with capital. The inverse of your argument is used all the time to ask why communism ends up in dictatorship or oligarchy every time. It’s a tangential strawman argument. We see stronger social democracies doing better, for now, using a bit of this and that. We’ll see how long that works well and then, when humans invariably fuck it up we can get on our soapbox and say, “See! Scandinavian social democracy is a flawed approach! Checkmate <socialist, capitalist, whatever>!”
The inverse of your argument is used all the time to ask why communism ends up in dictatorship or oligarchy every time
Yes, that is indeed something people do say, but it is false though, so it’s useless.
We see stronger social democracies doing better
Again, that’s your opinion. “Stronger social democracies” have homelessness and unemployment rates astronomically higher than in some Actually Existing Socialist states such as Cuba or the USSR.
This is why no pure economic theory will work in practice. Too many humans are ignorant psychos.
If no pure economic theory will work in practice, why does capitalism work exactly like Marx and Lenin predicted?
I think they just obvserved reality and then their answers to “well so what next?” is where people disagree with marx
Capitalism, if I remember from my econ classes decades ago, as described by Adam Smith, is supposed to have a strong gov’t regulatory component. Not work hand in hand with capital. The inverse of your argument is used all the time to ask why communism ends up in dictatorship or oligarchy every time. It’s a tangential strawman argument. We see stronger social democracies doing better, for now, using a bit of this and that. We’ll see how long that works well and then, when humans invariably fuck it up we can get on our soapbox and say, “See! Scandinavian social democracy is a flawed approach! Checkmate <socialist, capitalist, whatever>!”
Yes, that is indeed something people do say, but it is false though, so it’s useless.
Again, that’s your opinion. “Stronger social democracies” have homelessness and unemployment rates astronomically higher than in some Actually Existing Socialist states such as Cuba or the USSR.