m4dire0701 on Nostr: nostr:nevent1qqs93dzk7d68vgkwjq2453w96gxnal588lrl4aw3rth38q6wlhx7zcc0yg7cm

quoting nevent1q…g7cm

"Capitalism means the ideology (ism) of capital or capitalists. Before Marx came along, the pure free-marketeer Thomas Hodgskin had already used the term capitalism as a pejorative; capitalists were trying to use coercion — the State — to restrict the market. Capitalism, then, does not describe a free market but a form of statism, like communism. Free enterprise can only exist in a free market."

-Samuel Edward Konkin III, An Agorist Primer