Two cheers for capitalism

[Punk-BatSoup-Stasi 2.0]

On Fri, 13 Aug 2021 12:20:31 +0000 (UTC)
professor rat <pro2rat at yahoo.com.au> wrote:

> Braudel argued that capitalists have typically been monopolists and not, as is usually assumed, entrepreneurs operating in competitive markets. 

	the  people who 'assume' that are 1)fake libertarians, 2)rest of assorted fascists, and 3)commies. 


> He argued that capitalists did not specialize and did not use free markets, thus diverging from both liberal (Adam Smith)

	LMAO!!!! The whole point of adam smith was to denounce MERCANTILISM, what today the fucktards call 'capitalism'. Anybody with half a brain knows that free markets don't exist, and never existed. 

	Adam Smith HATED "merchants and manufacturers" and correctly saw them as criminal monopolists. 

	So at best Braudel knew basic political economy. Good for him.