Braydon Fuller on Nostr: Another interesting take-away from this book is the Misian means to determine if an ...

Another interesting take-away from this book is the Misian means to determine if an economy is capitalist, pre-capitalist or socialist.

Simply, if there is a stock market, it's capitalist. If there isn't a stock market and is all state owned, it socialist. If there isn't a stock market yet, it is pre-capitalist.

It helps to bring clarity to understanding current and past economies.

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