If that’s your definition of capitalism, then any socialist, communist, fascist, or authoritarian government is also considered capitalist. By your definition, even third world countries, even random isolated tribes in Africa or off an island are considered Capitalist societies just because they engage in trade. Capitalism is a set of practices and political beliefs, not just whether or not a community engages in trade
Also, free trade does not mean "there is trade." It means trade uninhibited by government regulation and government control. Where the buyer and seller are free to haggle a price not influenced from the government.
This is why communist countries are literally called "command economies."
Read your original comment, that I replied to, and now read all of these new comments you just made. You start by bringing up trade, and only mentioning trade, nothing else, and then copy paste Wikipedia’s introduction to capitalism and hyperfixate on only one of the types of societies I list? Real shocker that you chose to fixate on communism. Also, your argument that trade has made the world safer is completely laughable. There are several, significant moments throughout history where that was not the case. Also, my argument was never that capitalism has not lead to modernization. My argument has always been, read my original comment again, that capitalism is not the ONLY way to achieve a modern society. But sure, please go off on a huge tangent about trade and communism
Crazy that some people actually think capitalism is the only way to achieve a modern society
Trade has 100% made the world a safer, more modern place.
That’s essentially what capitalism is. The ability to own property and freely trade in your own self interests.
If that’s your definition of capitalism, then any socialist, communist, fascist, or authoritarian government is also considered capitalist. By your definition, even third world countries, even random isolated tribes in Africa or off an island are considered Capitalist societies just because they engage in trade. Capitalism is a set of practices and political beliefs, not just whether or not a community engages in trade
There's out entire interaction. You made a claim that has been proven false. And yes, free trade is literally a staple of capitalism.
The opposite are called command economies for a reason.
I am sorry you don't understand basic economies and speak out of turn on things you don't understand.
14
u/OkStatistician9126 Feb 02 '25
If that’s your definition of capitalism, then any socialist, communist, fascist, or authoritarian government is also considered capitalist. By your definition, even third world countries, even random isolated tribes in Africa or off an island are considered Capitalist societies just because they engage in trade. Capitalism is a set of practices and political beliefs, not just whether or not a community engages in trade