When Senator Warren and others define capitalism in this way—as markets and market rules and competition and benefits from winning—they are disentangling capitalism from theft and racism and sexism and imperialism. If that’s their capitalism, I can see how they can remain capitalist to the bone. However, history does not affirm this definition of capitalism. Markets and market rules and competition and benefits from winning existed long before the rise of capitalism in the modern world. What capitalism introduced to this mix was global theft, racially uneven playing fields, unidirectional
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