Published in

Dialogue & Discourse

Mackenzie Andersen

Dec 3, 2019

6 min read

It’s Not “Capitalism vs Socialism, It’s “Free Market Economy vs Wealth Redistribution Economy”

Considering the importance of language.

License: CC0 Public Domain Mohamed Mahmoud Hassan has released this “Business Man Chasing Money” image under Public Domain license

Capitalism, in its commonly accepted definition signifies a free enterprise system, occluding state capitalism, which is cloaked as socialism or fascism.

It is more politically acceptable to posit socialism as the alternative to a free…

More from Dialogue & Discourse

News and ideas worthy of discourse. Fundamentally informative and intelligently analytical.

Recommended from Medium

Smart London

Bringing greater clarity to London’s GovTech sector: what we’ve learned so far & a survey

Joshua Jansa

3Streams

States that boost billionaires with incentives could harm post-Covid recovery

WinPE Insights

WinPE Forum

Merger Control Regime In India In Relation To Minority Investments

Hapton Research

Portfolio Update 05. Feb 2022

Nidhi Tambi

How the 15th Finance Commission Terms of Reference (ToR) impact Fiscal Federalism in the Country

FUSE Corps

FUSE Stories

Offering More Than a Roof, These Housing Authorities Help Residents Become Financially Self Reliant

Financial Regulation Matters

RBS and its Global Restructuring Group: An Indicator of the FCA’s Focus

nikhilesh.kashyap2903

The Marshall Plan as a Precursor to Modern-Day Bailouts at the Expense of the Taxpayer

About Help Terms Privacy

It’s Not “Capitalism vs Socialism, It’s “Free Market Economy vs Wealth Redistribution Economy”

More from Dialogue & Discourse

Recommended from Medium

Bringing greater clarity to London’s GovTech sector: what we’ve learned so far & a survey

States that boost billionaires with incentives could harm post-Covid recovery

Merger Control Regime In India In Relation To Minority Investments

Portfolio Update 05. Feb 2022

How the 15th Finance Commission Terms of Reference (ToR) impact Fiscal Federalism in the Country

Offering More Than a Roof, These Housing Authorities Help Residents Become Financially Self Reliant

RBS and its Global Restructuring Group: An Indicator of the FCA’s Focus

The Marshall Plan as a Precursor to Modern-Day Bailouts at the Expense of the Taxpayer

Get the Medium app

Mackenzie Andersen

More from Medium

Am I A Terrorist?

We Need More Education Not Less

Has Europe Systemised Racism?

Life is a Black Swan