Capitalism: Yes and No

Guest post by Clarence B. Carson.

Some terms and phrases are well suited to lucid discourse and even debate. This is generally the case when they have a commonly accepted meaning, when they are generally used – or are capable of being used – with some precision, and when they are not overloaded with connotations. The fact that people differ as to the value or desirability of what the terms signify does not disqualify them. Otherwise, debaters would have to employ different terminology, depending on which side they were on. For example, it seems to me that “free market” meets the criteria of a phrase well suited to discourse and debate.
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