If you call yourself a captalist but don’t even believe in what Adam Smith said, are you really even a capitalist?

i’m a capitalist, but only to the extent that capitalism is the most effective mechanism of meeting the needs of a market. I think it’s fundamentally impossible to run an economic system in any way that is more optimized to the needs of it’s consumers than you can under capitalism, and that’s what i like about it.

It’s also true that there are some self regulating effects on the market. But that’s more complicated.

Though, just because i believe the market handles itself in most cases, doesn’t mean i believe it requires no regulation. That would be preposterous. I don’t want pure unregulated capitalism, but i don’t want socialism/communism either, i want both. Both is good.