>>9756248>My original point is that because public education in America...Who cares about America? I'm talking worldwide.
Capitalism IS superior to every other system we tried (as of now). Even though, say, the nordic countries have socialistic elements like stronger wealth redistribution, you would be hard pressed to say their economies aren't based on capitalism.
>Using your qualification of "every successful economy" yes you canCapitalism does not require a completely free market, according to wikipedia it requires: private ownership of the means of production and their operation for profit, private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets.
A country that has these IS NOT based on communism, feudalism or socialism, or what-have-you. It is based on capitalism. I invite you to show me an example of a country where these things aren't present, yet you can still convincingly make the case that it is successful.
A reminder: These include laissez-faire or free market capitalism, welfare capitalism and state capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition and state-sanctioned social policies.
>Youve hit the crux...So, people are stupid and we shouldn't bother teaching them anything to begin with? I'd like to recommend the book I linked to you as well. You can teach economy while still fostering critical thinking, believe me. And again, I suspect you're talking about the US. I have no idea what made you think my point was about America.
Also, fuck me, you could have really helped me out by actually quoting the post you were replying to. I had to keep scrolling back and forth.
