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A comment on We need to talk about the real reason behind US inflation. Parent comment

Re:We need to talk about the real reason behind US inflation by MrWiffles on Thursday November 11, 2021 @05:43PM (#29194214)
By definition that isn’t capitalism, that’s closer to what Smith called “mercantilism” in Wealth of Nations. Not intending to throw shade at you here, I just get upset when people blame capitalism for what amounts to a perversion thereof, in fact.
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Re:We need to talk about the real reason behind US inflation by rektide on Thursday November 11, 2021 @09:21PM (#29195669)
i'd expect this to happen anytime private controls over trade & industry is allowed to iterate long enough.

mercantilism that i know from history is pre-globalized & much smaller scale. the wealth of natuons view is of wealth as fixed & limited, & pertains to control/hording of wealth, at a national scale.

but this is control over supernational wealth creation, corporate reign over production & distribution & channels. nothing could sound more lime unchecked private owneracy to me. im definitely open to hearing more byt strong disagreement from me so far.

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