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by bcg1 3996 days ago
You're correct but I think he is more on your side than not.

Where you want to lay claim to 'capitalism' as meaning 'free markets' I believe he chooses to relegate the term 'capitalism' to the sort of crony-stroking global corporate fascism that has evolved instead of free markets. I've often thought that free market advocates should just give up on claiming the "real" meaning of the term capitalism and just invent a new word that can't be conflated as easily.

That said, I'm not sure what to think about this gentleman's article and conclusions. It seems he is able to identify things that actually ARE real problems... however my initial reaction to what he describes as 'postcapitalism' is to be skeptical and to suspect that he may have an agenda. His rhetoric is notably light on actual details, however it has a subtle yet distinct flavor of forced redistribution that leaves an unpleasant taste.