What classical liberals are opposed to is empirical capitalism. With it comes all of the errors stemming from ego-driven interpretation of data, giving full rein to corruption. 'Crony capitalism' is the corrupt fruit of empirical economics.
Subjective capitalism has its basis firmly resting on the subjective valuations underlying human action, and across the time horizon. That is how humans truly decide about things as part of their aspirations towards prosperity and justice.
It is no wonder the State is doing all that it can, by using its propaganda outlets, to undermine economic knowledge.
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