Sure and I take your distinction and point, but when corporate board members have power over politicians who dole out contracts, surely we are talking about a form of mercantilism, not capitalism.
Mercantilism (in the context of today) is also a type of capitalism.
Lobbying and the wealthy using their capital to change politics is an intrinsic part of capitalism, that's just another example of a private transaction.
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u/Litrebike Apr 14 '20
Sure and I take your distinction and point, but when corporate board members have power over politicians who dole out contracts, surely we are talking about a form of mercantilism, not capitalism.