Capitalism comes in many forms


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  • | 9:48 p.m. January 20, 2012
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Dear Editor,

Your article in the January 6 issue of GCBR describes and defends “free enterprise” capitalism.

However, you must understand that ALL economic systems are capitalist, since they all use capital, defined as the means of production. Fascist, socialist and communist economic systems are also capitalist, since they also use capital, except the capital is subject to varying degrees of control by the state.

 

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