Free Market Capitalism vs. Egalitarian Communalism

As the owner of their citizens' interests, American capitalism was chosen by the founders as their best management concept concept to build a productive and intellectually encouraged society for each citizen . Many capitalist supporters believe this is the only way citizens fully consider their interests. And yet anyone can gather unlimited private property while maintaining a relatively large central government.

The term capitalism is used to denote a competitive economic system, more or less "free" market. And the term capitalist is often used by free market enthusiasts to indicate their beliefs. Markets are often emphasized by capitalist institutions, but the market does not define them as capitalism. This is different from the free market. The market is as old as civilization itself. Whether it is an ancient Mesopotamian market or a modern stock exchange, "market" is simply a place of trading. Despite the simplicity of the set-up, the market did a very smart thing - they decided the price, gathered and distributed the goods and services, and made the complex interaction of many people a smooth and orderly I changed it to a certain system. The capitalist system obviously makes good use of the market, but the market itself is somewhat capitalistic, not consistent with reality.

Many of the responsibilities for capitalism and market turmoil can be attributed to the Austrian economist, Lloyd von Mises, the laissez - faire of free - founding principle, or "free market capitalism". As an enthusiastic antisocialist and advocate of classical liberalism, many works of von Mises opposed socialism and an economic model suitable for the democratic liberal idea of ​​his free market I tried to rearrange it as. . Of course, von Mises understands the true definition of capitalism (eventually he is an economist) and wrote in 1922 as follows:

Capitalism and free market economics are often considered synonymous. But capitalism refers to the creation of wealth, but the term free market is different in that it relates to the exchange of wealth. Under capitalism, the capital owner often dominates production means, so there may be an unfair advantage. The potential benefits of key capitalists hinder the real free market, as the free market is very concerned about the unimpeded exchange of products and services among participants.

Since free market can not exist without private property rights, the existence of free market means that private property rights already exist. This is the reason why free market and capitalism are used interchangeably. When calling capitalism in a pure and pure form, we tend to use the term free-market capitalism to emphasize the importance of private property rights. By definition, the destruction of any form of violence or property is not capitalism. So then why did we see environmental pollution, international warfare, violent crime regulation without victims, and the spread of toxic financial assets in capitalist countries? It is because there is no pure capitalist country. Every state adopts fascist, socialism, mercantilism and capitalist policy measures