said by patcat88:said by Metatron2008:Capitalism is based on private controlled goods and people trading based on a free market. It has nothing to do with out of control executive pay which actually borders more towards a communist method of economy then capitalism.
Communist method of economy has wealth distribution and intentional inefficiency/busy work.
Banana republic or feudalism is more like it. Gather the capital, enslave the labor, collect the spread, use army/police to enforce your rule. Concentration of capital, Marx was right.
But that's the point. You've never had a real communist country, they've all been banana republics or feuds
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