This Is Not Capitalism Authored by Jeffrey Tucker via The Brownstone Institute, The word capitalism has no stable definition and should probably be permanently retired. That won’t happen, however, because too many people are invested in its use and abuse. I’m long over trying to push my definition over someone else’s understanding, generally viewing disputes about vocabulary and dictionary definitions as a distraction against the real debate over concepts and ideals. The point of what follows is not to define precisely what capitalism is (my friend CJ Hopkins is hardly alone in describing it as once emancipatory but now rapacious) but rather… — Continue at ZeroHedge News : Read More
