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A comment on The British Once Built a 1,100-Mile Hedge Through the Middle of India. Parent comment

Re:The British Once Built a 1,100-Mile Hedge Through the Mid... by fragmede on Tuesday January 16, 2018 @12:09AM (#16155985)
On a two-dimensional scale from socialism to capitalism, any move away from one is a move to another.

We've yet to see what "pure" capitalism even really looks like; Adam Smith's Wealth of Nations argues that competition is required for his "invisible hand" and that monopolies are bad because they reduce efficiency and choice, and impede progress, but our current strategy to prevent or break up a monopoly looks a whole lot like government regulation which is supposed to stifle innovation, not promote it!

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Re:The British Once Built a 1,100-Mile Hedge Through the Mid... by mr_toad on Tuesday January 16, 2018 @07:01AM (#16157554)
A two dimensional scale is a false dichotomy. There were many economic systems in the past. Subsistence, Barter, Feudalism, Mercintalism. None of these were capitalist or socialist.
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