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A comment on Will cable TV be invaded by commercials? (1981). Parent comment

Re:Will cable TV be invaded by commercials? (1981) by RandomBacon on Sunday April 26, 2020 @05:58PM (#22990631)
The definition of capitalism: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.

I wish I could edit my first comment to include the definition. I hate inequality and people hurting others through abusive practices too.

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Re:Will cable TV be invaded by commercials? (1981) by xnyan on Monday April 27, 2020 @01:02PM (#22997639)
That’s what I would call the spiritual or religious definition. It’s followed by the philosophical followers of capitalism (economics majors and similar). The practical definition of capitalism is studied by the operational practitioners (business administration, executives) of capitalism and only superficially resembles the former.
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Re:Will cable TV be invaded by commercials? (1981) by RandomBacon on Tuesday April 28, 2020 @10:52AM (#23007544)
I'm sorry; I am not well versed at making things up and passing it off as statements of fact.
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