Completely disagree with you here. I use "capitalism" to refer to an economic and political system, and I think people who use the terms the way you are are the ones introducing confusion. There are economists on both sides of this, as well as philosophers, so having clarified, we should stop this kind of discussion. What I mean is, if you are already so convinced of the rightness of this many things that I disagree with, I don't think HN is going to be a productive place for further discussion.
Monopolies and oligarchies and all sorts of anti-competitive structures arise naturally in unregulated economies.
I completely disgree, but I think we disagree on which usage of most of the words in that sentence is proper and which is invalid. (All the ones that aren't just glue words.)
I know you've read this stuff in economics textbooks. I'm already aware that I disagree with those particular textbooks.
Completely disagree with you here. I use "capitalism" to refer to an economic and political system, and I think people who use the terms the way you are are the ones introducing confusion. There are economists on both sides of this, as well as philosophers, so having clarified, we should stop this kind of discussion. What I mean is, if you are already so convinced of the rightness of this many things that I disagree with, I don't think HN is going to be a productive place for further discussion.
Monopolies and oligarchies and all sorts of anti-competitive structures arise naturally in unregulated economies.
I completely disgree, but I think we disagree on which usage of most of the words in that sentence is proper and which is invalid. (All the ones that aren't just glue words.)
I know you've read this stuff in economics textbooks. I'm already aware that I disagree with those particular textbooks.