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brush

(53,764 posts)
6. That's unregulated, laissez-faire capitalism.
Sat Aug 6, 2022, 05:23 AM
Aug 2022

Social democracy's are also capitalist economies, but ones with regulations to stop out-of-control greed and outrageous income disparity, while also providing robust safety nets for its citizen with benefits like single-payer health care, free college, generous family leave after child birth, etc.

It's important to point out they're a version of capitalism also

Latest Discussions»Issue Forums»Economy»The Fed will have to 'bre...»Reply #6