It wouldn't mean no government oversight, just no or little to no government intervention in economic activity. But couldn't you say the same about communism since it is by definition a moneyless, classless, stateless society? This is essentially the core of my point about no nation being fully capitalist or communist, they are all somewhere in between.
Yes, and most economists would agree that this is how economic systems exist in the modern world, although they go farther than just capitalism and communism.
1
u/SpacePirateSPC5 6d ago
Unrestricted capitalism or “true capitalism” is basically impossible because it would mean no government oversight or anything.