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To: Broken_Clock who wrote (433924)5/15/2019 9:41:04 AM
From: Blasher  Read Replies (1) | Respond to of 436258
 
capitalism -- an economic system characterized by private or corporate ownership of capital goods
* private ownership and decision-making
* prices, production, and distribution of goods are determined mostly by competition in a free market
* the government only has oversight to ensure bad practices are not employed .. in general

corporatism, on the other hand, is the organization of a society into industrial and professional corporations
* these corporations provide representation of people and activities
* they also exercise control over these people and activities within their jurisdiction

I am totally a capitalist .. not any part of a corporatist, which is more like socialism to me.