De, the US is not practicing much capitalism, as an ideal, these days. That is all I was trying to say.
I guess you can argue that Fascism is a TYPE (twisted, broken, corrupt parody?) of capitalism. But is that where you want to go?
That is a slippery slope on which anything can be morphed into pretty much anything else. AKA, the Tower of Babel.
But under such TYPES of centrally controlled marketplaces, with the heart really gutted and few premises remaining, you can't fall back on Ricardo's logical argument for why free markets are better than command economies (capitalism is better than anything else).
When the US screws up as it is NOT practicing free markets, you also can't blame capitalism as the cause (as the Communists would have liked to do). So you don't have a clean experiment. Further, you don't have any argument for free markets.
Need I point out that free markets ARE the capstone of capitalism? To the extent you have No free markets equals No capitalism.
Or do you want to submit another definition?
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