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by JackFr 1659 days ago
Capitalism means different things to different people and in different contexts.

Separation of ownership from management. Tradeable claims on the firm. Legal personhood of the firm. Private property. Free trade between countries. Market determined prices.

But it’s lazy and wrong to use it as a synonym for greed. Despite Gordon Gecko, greed is not good. Just seeing something we consider bad and saying “Capitalism” is a pose and not an argument.