Rothbard's "Left and Right": Forty Years Later (mises.org)
- Highlight Loc. 203-4 | Added on Saturday, March 24, 2012, 05:04 PM
By "capitalism" most people mean neither the free market simpliciter nor the prevailing neomercantilist system simpliciter. Rather, what most people mean by "capitalism" is this free-market system that currently prevails in the western world.