> So what label would you use?
> Fabio 

I would avoid using the labels "capitalism" and "socialism".

Substitutes for capitalism:

1) private enterprise
2) free market; free enterprise; pure market
3) market economy
4) interventionism
5) mixed economy

Substitutes for socialism:

1) forced redistribution
2) command economy
3) government ownership
4) worker cooperatives; worker ownership of capital
5) forced collectivism

Fred Foldvary


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