Reply #149: Employee-owned businesses is Market socialism, not "perfect Capitalism" [View All]

[Odin2005]

"Perfect Capitalism" is Fascism. It is a common misconception that capitalism and free market are sysnonyms, they are not. Capitalism vs. Socialism refers to who controls the economy, Free market vs. Planned Economy refers to how goods and serviced are distributed. The connection between markets and capitalism is a meme invented by right-wing ideologues who don't understant the realities of the economic system they support. When the corpratists say that Capitalism is part of human nature what they are actually saying that the market is part of human nature, capitalism is when corporations are the dominant type of business, it hase nothing to do with markets. Both the US in WW2 and Nazi Germany were Capitalist planned economies.