Capitalism != corporatism. Capitalism: pro competition, pro markets. Corporatism... | Hacker News

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		specialist on July 27, 2017 \| parent \| context \| favorite \| on: Jeff Bezos Surpasses Bill Gates as World's Richest... Capitalism != corporatism. Capitalism: pro competition, pro markets. Corporatism: anti-competition, Freedom Markets™. Conflating the two is the biggest failing of modern leftists, such as myself. We can hardly criticize, mitigate our modern winner-takes-all economy until we stop defending it.

ttoinou on July 27, 2017 [–]

The way Bill gates and Jeff Bezos made money look closer to free markets principles than the way others top 500 great fortunes made it, no ?

specialist on July 27, 2017 | [–]

I don't follow. Please explain.

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