this post was submitted on 25 Nov 2025
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Explain Like I'm Five

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[–] Bloomcole@lemmy.world 1 points 23 hours ago (1 children)

Obviously not markets, everyone has those, also communist countries.
They are simply regulated differently.

If you mean big corporations running everything, we don’t live in capitalism right now.

That is ultra capitalism, the final step before fascism/corporatism which capitalism ultimately leads to by design.

[–] CanadaPlus@lemmy.sdf.org 1 points 7 hours ago

It hasn't existed anywhere before - the OG fascist countries were built on top of fairly typical market economies for the time, with actually had much more interventionism than now, maybe China-level.

You didn't give a third option, so I guess we're done.