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By mwickens (anonymous) | Posted May 27, 2006 at 09:48:46
Laissez-faire capitalism means that people and businesses are free to trade amongst themselves as they see fit. Giving Russia as an example of this system is laughable. Putin shamelessly uses the power of the state to appropriate businesses from his enemies and hand them to his friends. This is an extreme form of statism, not capitalism.
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