• @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.