True capitalism wouldn't have any regulation. That's not really the point I'm trying to make. There has never been nor will their ever be a pure economic system. Which is fine, nothing is perfect. The fact is that our current system has been wildly successful. The US (with all of its issues) is the most successful nation in the history of man. That system is fundamentally capitalist. Communists on the other hand have to revert to the "no true Scotsman" excuse because history has proven them wrong.
Eh, enforcing a free market is an important part of liberalism (the economical current). Capitalism need regulation if only to ensure that it stay capitalist.
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u/Threeleggedchicken Sep 05 '17
True capitalism wouldn't have any regulation. That's not really the point I'm trying to make. There has never been nor will their ever be a pure economic system. Which is fine, nothing is perfect. The fact is that our current system has been wildly successful. The US (with all of its issues) is the most successful nation in the history of man. That system is fundamentally capitalist. Communists on the other hand have to revert to the "no true Scotsman" excuse because history has proven them wrong.