• toadjones79@lemm.ee
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    13 hours ago

    That’s why an oligarchy is NOT the same thing as capitalism. You cannot have a free market if an oligarchy exists. Additionally, the four foundational principles of capitalism are:

    1. The right to own property and work for your own well being.
    2. The right to own the profits of your labors, after modest taxation.
    3. Laws and regulations to prevent corruption.
    4. The enforcement of those laws and regulations.

    Edit: wow, the spelling errors sure make that seem crazy as hell. Fixed.