Among the many false claims made by various #government media, #corporate media and social #media commentators, such as the UK being a "Liberal Democracy," we are also told how terrible the #capitalist #system in the #UK is and how we need more #Socialism to save us.

While I do agree that crony capitalism and #monopoly capitalism are indeed terrible, we don't actually live in a capitalist economic system, we live in a mixed Capitalist/Socialist #economy, where for the last two sociological generations or more, government spending has comprised more than 40% of all economic activity in the UK.

#cronycapitalism #monopolycapitalism #economics #economicactivity #gdp

https://www.economicshelp.org/blog/5326/economics/government-spending