Since the author of this article doesn't even use the same definition of capitalism that everyone else uses, the arguments and conclusions in the article are highly suspect.
It doesn't help that the article starts out excoriating people for not understanding economics, schools for not teaching economics. Running the bulk of schools and people down for not studying economics, then using a highly idiosyncratic definition of "capitalism" doesn't make you look all that smart.
Comments
Since the author of this article doesn't even use the same definition of capitalism that everyone else uses, the arguments and conclusions in the article are highly suspect.
It doesn't help that the article starts out excoriating people for not understanding economics, schools for not teaching economics. Running the bulk of schools and people down for not studying economics, then using a highly idiosyncratic definition of "capitalism" doesn't make you look all that smart.