People who believe that capitalism only refers to large, powerful multinational corporations are missing some of the key elements of free markets.

In a surprisingly influential article in the Guardian, Paul Mason argues that the system-wide changes occurring in the economy are early symptoms of “postcapitalism.” But the changes he describes—the open-source movement and a spread of information—show the world is more capitalist than ever.

 

 

Continued at CapX: http://www.capx.co/the-information-economy-isnt-killing-capitalism-its-driving-it/