Every country on Earth today has a centralized economy. The illusion of capitalism ended the moment every government claimed a monopoly over money, trade, and production. Whether it’s called “monetary policy,” “fiscal stimulus,” or “public investment,” the result is the same: the economy is directed from the top.
Central banks control the supply and price of money. Regulatory bureaucracies dictate what can be produced, how it can be sold, and who is allowed to compete. Taxation ensures that no one can truly own property without permission from the state. Even in so-called “free market” nations, enterprise exists only by license, under surveillance, and within boundaries drawn by politicians.
That is not capitalism, it is central planning by another name. When capital itself is managed, issued, and approved by a political apparatus, the distinction between capitalism and communism collapses. The slogans change, the methods differ, but the structure remains: a command economy masked as freedom.
Every modern state, from Washington to Beijing, operates under the same creed: control first, liberty later, if ever. The difference is only cosmetic. A bureaucrat at the Federal Reserve and a commissar in Moscow are brothers in spirit.
Capitalism, as it exists today, is merely another form of centralized economy, a corporatized communism where ownership is replaced by permission and profit is managed through policy. The names may differ, but the essence is the same, a world without free markets and without free men.
Leave a Reply