a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community
So regulation of the market by the people (aka people democratically deciding where capitalism should be limited/regulated).
If there is another word that fits better though please let me know.
What you are referring to is called socialism. And yes, it’s a good thing.
Yeah buddy.
Capitalism with checks and balances is not socialism.
It literally is.
So regulation of the market by the people (aka people democratically deciding where capitalism should be limited/regulated).
If there is another word that fits better though please let me know.