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this post was submitted on 06 Mar 2024
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Socialism
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And a stateless, classless society is a central characteristic of Marxist-Leninism...
Capitalism intrinsically leads to market capture and monopolization, and the destruction of any free markets. Regulation to prevent that is inherently a control to prevent Capitalism's actual intrinsic characteristics from manifesting. Furthermore, slavery literally was the foundation of our Capitalist economy in the US, so no, they're not in any way inimical to each other.
Free Market refers to the ability of the private entities who own the means of production (i.e. companies) to compete with each other. Even if those means of production are in fact people. Free market has never been suggested to refer to individual workers having to be competitive in the market.