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Bill Matthies

CEO, Coyote Insight, LLC

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Do most people differentiate between forms of government and economic systems? How does what they think impact what they do?

Communism, socialism, fascism, capitalism and a few more variations of one or more of these, are all economic systems. Democracy, dictatorship, republic, and anarchy, also with variations and degrees, are forms of government. Any economic system can be put in place by a democratic government, or imposed by a dictatorship.

Do you think most people understand this or do they confuse economic systems and forms of government? In other words do most think communism only comes with dictatorship, capitalism only with democracy?

To the extent they are confused, how does this impact what they do both politically and economically?

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