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'… base everything off of capitalism which by definition means you can't do whatever you want unless you're rich. ' Capitalism is of course not an -ism at all.
by vixen99 10y ago
'… base everything off of capitalism which by definition means you can't do whatever you want unless you're rich. '
Capitalism is of course not an -ism at all. No one invented it. It's that freedom in the context of democratically agreed regulation whereby we can all trade goods and our labor with others and thereby generate value, usually monetary but by no means exclusively. We can even trade kind words and actions - they too contribute value.
Over the last century, billions of people have had the repertoire of 'things they can do' dramatically extended by the extension of an environment which allows people at all levels of income to take part in this productive exchange of items (abstract or physical) of value.
- aninhumer 10y ago>It's that freedom in the context of democratically agreed regulation whereby we can all trade goods and our labor with others and thereby generate value, usually monetary but by no means exclusively. The very idea that people can have exclusive control of some goods and then have to trade for other ones is capitalism. Property is not the default state of the universe, it had to be invented and enforced before it meant anything. And while it can be called a freedom in a certain sense, property is also a restriction. In order for me to own something, you have be denied the right to use it without my permission. Which is not to say property rights are not a good thing on the whole, but they should be compared as one economic system, in terms of their outcomes, alongside the alternatives.