>>5595170I didn't say if it was good or bad because I was asking someone to look at the information, not draw a conclusion for them.
Its a not a fallacy. There are words for govermnent control over the economy. Depending on the how they are in control those words can be fascism, socialism, corporatism or probably many other things.
-from
dictionary.com "an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth."
I don't think its the best definition but it does point out that in a capitalist system the state is not in control of the economy.
