• Lucidlethargy@sh.itjust.works
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    8 months ago

    Why do people keep misrepresenting capitalism as some silly boogie man? This is just as stupid as people claiming socialism is innately bad.

    • Adderbox76@lemmy.ca
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      8 months ago

      Because most people don’t recognize a fundamental difference between capital “C” capitalism (the economic principal of supply and demand. and “venture capitalism” which is about speculating on a business’ future based on what essentially amounts to a magic 8 ball.