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It seems we live with a lexicon of either if something isn't communist or socialist, which seems to be well defined, then it has to be capitalist. Which somehow doesn't seem to be well defined.

I was just scrolling through reddit and saw a post "We live in a capitalist society therefore blah blah". We DO NOT live in a capitalist society. This is annoying me beyond fuck to keep hearing / reading. However since we don't live in an outright socialist / communist economy, and since there is no other type of economy termed other than capitalist, it's harder to argue because 'normal' minds need a simple word to settle on.

It seems we live with a lexicon of either if something isn't communist or socialist, which seems to be well defined, then it has to be capitalist. Which somehow doesn't seem to be well defined. I was just scrolling through reddit and saw a post "We live in a capitalist society therefore blah blah". We DO NOT live in a capitalist society. This is annoying me beyond fuck to keep hearing / reading. However since we don't live in an outright socialist / communist economy, and since there is no other type of economy termed other than capitalist, it's harder to argue because 'normal' minds need a simple word to settle on.

(post is archived)

[–] 3 pts

Two types:

One, you get to keep a tiny percentage of what you earn.

Two, you don't get to keep anything.

[–] 2 pts

Only 2 kinds.

One is controlled by Jews,

and the other is a Fantasy...

[–] 1 pt (edited )

I'm impressed with the answers. Basically, we all agree we all have a fraudulent economy. Our political system is the same. Capitalism sounds good to most people, but realize we don't actually have capital. We have the idea of capital, but the reality is we have nothing. Pretty much everything is a derivative where the underlying assets are fake. Our own currency used to be a gold derivative until Nixon took us off the gold standard in 1971. I can't think of any derivatives that have actual assets backing them.

Nothing can be well defined when it's fake. That would ruin the illusion.

[–] 1 pt

there's just one economy, various regional legal customs/jurisdictions, and a bunch of delusional academics

[–] 0 pt

We aren't supposed to have capitalism, we are supposed to have "Free Enterprise". Capitalism always leads to government abuse of tax money in a quasi fascist way. Also, the jewish mob has merged with the government as well. Chicago Outfit

[–] 0 pt

All I really know is communism and capitalism, with most countries being somewhere in between.

[–] 1 pt

I fail to see any difference between communism and any other political system: there are a few elites and the rest. Economic systems consist mainly of tokens (derivatives) representing labor or work. Governments pretty much all subscribe to Keynesian economics or theft. Essentially, they try to persuade the masses that stealing our wealth is good. It's similar to the Broken Window fallacy. Governments are great at breaking things and later paying (money laundering) the chosen ones to repair the damage.