Nope, not true. Capitalism in its base is just the fact you are free to exchange with others.
Businesses should not be allowed human rights. And especially not to influence politics (even if through third and such parties like lobbyists and superpacs)
That’s not what capitalism is. People have been exchanging things long before the 1600s. Capitalism is about allowing private interests to own a state’s productive capacity for the purposes of profit.
Okay, allow me to copy/paste the relevant section, the first sentence.
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
Meaning individuals (aka private interests) own and control the means of production with the goal of generating profit, rather than they be publicly controlled, which is to say controlled by the government.
I’m actually a little upset he called you a tankie before he called me a tankie. If he’s gonna call anyone a tankie it should be me. Am I not being radical enough?
They’re right though. Freely trading goods and services is commerce, and an economy based on commerce is a market economy.
Capitalism is specifically a market economy where the means of production are owned privately by an investor class, who increase their wealth exclusively by “profit”: a discrepancy between the value the workers in a company contribute, and the compensation paid to those workers (Price- Cost [including wages] = Profit).
There are non-capitalist market economy models. Like market socialism, in which economic production is still generated by private companies in a free market, but those companies are owned by the workers themselves rather than by non-employee shareholders.
Nope, not true. Capitalism in its base is just the fact you are free to exchange with others.
Businesses should not be allowed human rights. And especially not to influence politics (even if through third and such parties like lobbyists and superpacs)
That’s not what capitalism is. People have been exchanging things long before the 1600s. Capitalism is about allowing private interests to own a state’s productive capacity for the purposes of profit.
Hahahahahahahahaha no.
Hahahahahahahaha yes.
The word government isn’t even in that entire article. Maybe quote a specific part instead of idiotically linking a main Wikipedia page…?
Okay, allow me to copy/paste the relevant section, the first sentence.
Meaning individuals (aka private interests) own and control the means of production with the goal of generating profit, rather than they be publicly controlled, which is to say controlled by the government.
Controlled by the government part is added by you with no source. Typical American basement dwelling commie
https://www.oxfordreference.com/display/10.1093/oi/authority.20110803100353611
There’s your source. That makes two versus your zero? Surely you know what you’re talking about.
Dude quoting general things doenst make your point… At all… Nor does downvoting me…
You are conflating commerce with capitalism. They aren’t the same things.
F u tanky moron. Extremists are always bad Left wing as much as extreme capitalism.
I’m not a tanky.
You’re still conflating capitalism and commerce.
He called me a Tankie in another thread. He doesn’t know what it means.
Fair enough.
I’m still laughing that pinkdrunkard thought you were a conservative shill.
I’m actually a little upset he called you a tankie before he called me a tankie. If he’s gonna call anyone a tankie it should be me. Am I not being radical enough?
You’re just not tankie enough I guess.
They’re right though. Freely trading goods and services is commerce, and an economy based on commerce is a market economy.
Capitalism is specifically a market economy where the means of production are owned privately by an investor class, who increase their wealth exclusively by “profit”: a discrepancy between the value the workers in a company contribute, and the compensation paid to those workers (Price- Cost [including wages] = Profit).
There are non-capitalist market economy models. Like market socialism, in which economic production is still generated by private companies in a free market, but those companies are owned by the workers themselves rather than by non-employee shareholders.
deleted by creator
You’re wrong, and you don’t know you’re wrong.
If you care at all that you might be wrong, you would read David Graeber’s “Debt: The First 5,000 Years” and learn more about this.
But you won’t, because this is the Internet.
My take away from that book is that we should fight the oligarchy to demand the re establishment of a Jubilee.