ive always thought markets and capitalism were the same thing and markets were inherent to capitalism, but now im reading things that say they're not? Is this accurate? What's the difference? Can markets exist without capitalism, and vice versa?
ive always thought markets and capitalism were the same thing and markets were inherent to capitalism, but now im reading things that say they're not? Is this accurate? What's the difference? Can markets exist without capitalism, and vice versa?
Yeah that's what I understand the difference to be. It doesn't really matter if I sell my spoons for money instead of accepting a trade of equal value as long as I own the spoon machine and there's no spoon baron breathing down my neck
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Now available in "comically large"!
and the spoons are sold at a fair price.