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by edmccard 3170 days ago
Who says he's comparing it to anything? Maybe the remark is not about contrasting capitialism to some other system, but more about comparing its purported benefits to its actual outcome.
2 comments

He does, 'efficient' is a relative term.
Wouldn't that mean it's less of a capitalism problem and more of a problem generally since it hasn't been solved in any other economic system in practice?