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BlueDuckBTC 7 months ago
Free Markets: a system of voluntary peaceful, mutually beneficial trades between free individuals without government interference. Prices are determined by supply and demand, free from coercion or regulation. Fostering an environment where innovation, quality, variety and affordability are incentivized naturally by the preferences and choices of individuals. This is copy and pasted from your last response. To be clear, I do not disagree with it. But, free markets have nothing to do with capitalism. I’m not sure how you are confused on that and I want to understand where you are not understanding. If you have “property rights” AND need to enforce those property rights, AND need a court system to settle disputes on property rights…where do you think or how do you think that all happens? Who pays for it? Who decides who plays what roles? Surely you can see what I’m saying now.

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Be The Change 7 months ago
I think the only person I quoted was you, at the beginning of my post. The rest is my written definition based on 25years of following pinnacle champions of capitalism like Rothbard, Bastiat, Hayek, Mises, Sowell, Freedman, and so on. It would seem that your belief that capitalism as we defined here is dependent on government protected property rights. Why? Nature already solves for this. Free people work to create, claim and maintain valuable property as their own. As such they allow others to do the same. For the infrequent times where those who don’t respect this natural system try to violate it and steal from others, others have the ability they were born with to protect it them selves. Where disputes occur government can be a tool but isn’t required. People can go to whatever lengths they prefer to reach fair agreement. If disrespect for the system and theft becomes predominant then the system and its benefits diminish and society suffers. So it would seem that although having a procapitalism government as a protector could be helpful, it is not required. Rather, what is required is a people who respect and protect the natural capitalism system and everyone’s rights to property and ability to freely exchange. Government isn’t required and furthermore can be corrupted and become the largest hinderance. …which is where we are today.