• @JustMy2c@lemm.ee
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    -51 year ago

    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)

    • @grte@lemmy.ca
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      61 year ago

      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.

          • @JustMy2c@lemm.ee
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            -11 year ago

            The word government isn’t even in that entire article. Maybe quote a specific part instead of idiotically linking a main Wikipedia page…?

            • @grte@lemmy.ca
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              1 year ago

              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.

        • 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.

          • Flying SquidOP
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            41 year ago

            He called me a Tankie in another thread. He doesn’t know what it means.

            • Semi-Hemi-Demigod
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              21 year ago

              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?

    • Semi-Hemi-Demigod
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      11 year ago

      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.

      • @JustMy2c@lemm.ee
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        11 year ago

        My take away from that book is that we should fight the oligarchy to demand the re establishment of a Jubilee.