Kochbald
17-08-2004, 22:48
The U.N. classifies me as a capitalist paradise, but private enterprise is illegal in my country, The dictionary.com definiton of capitalism is "
An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market." So, my country can not be a capitalist paradise, because private enterprise is illegal. How is this possible, and why is it happening?
An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market." So, my country can not be a capitalist paradise, because private enterprise is illegal. How is this possible, and why is it happening?