Re:Portland passes low-density zoning reform
by int_19h on Tuesday September 01, 2020 @01:36PM
(#24344390)
It was a statement, not a question.
Capitalism is an economic system based on private property on the means of production, and collection of economic rents on the basis of ownership. All European countries have that. The fact that they also tax those rents and redistribute that wealth into welfare makes it welfare capitalism, not socialism.
Capitalism is an economic system based on private property on the means of production, and collection of economic rents on the basis of ownership. All European countries have that. The fact that they also tax those rents and redistribute that wealth into welfare makes it welfare capitalism, not socialism.