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by Bekwnn 2119 days ago
> The generally accepted definition of a leftist is someone that opposes capitalism.

This is a very broken and poor working definition. You can be leftist without being anti capitalist. Leftists don't believe in the "free market fixes things" or trickle down rhetorics. Speaking as a left leaning Canadian.

Leftist capitalism would see government regulation over industry which is of vital societal importance. America has bodies regulating food, medicine, construction, and others. Leftist capitalism often seeks to extend regulations to the benefit of the average citizen.

One example is Canada recently forcing telecoms to unlock phones. Another might be provincial transportation services being either government owned or privately owned with a high degree of government oversight. Their prices then remain low with moderate levels of profitability instead of high prices seeking higher levels of profit.

I'd say the majority of leftists believe capitalism needs to be carefully kept in check, with only more extreme believing it should be abolished. Though many do believe certain industries require far more government oversight than they currently have, or that certain things like health care or education should be made into a social service.

1 comments

Do you believe that capitalism is the best economic system possible that will ever be, and that simply adjusting it will forever be the limit of economic theory? And by capitalism, I mean capitalism, not just markets.

If so, I'd say you are a left-leaning liberal, not a leftist. Economically, you are firmly in the center.