"capitalism" is a mix of True Capitalism and Mercantilism.
What we commonly call "capitalism" is a mixture of True (free market) Capitalism and Mercantilism. Any business with a franchise from government protecting it from competition is not capitalist but instead mercantilist. Businesses without such are competing on the merits of their products/services.
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Gardens of Democracy »Gardens of Democracy
True Capitalism - We're All Better Off When We're All Better Off »True Capitalism - We're All Better Off When We're All Better Off
"capitalism" is a mix of True Capitalism and Mercantilism.
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