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I find your definition of capitalism not meaningfully distinct from already coined terms like aristocracy, oligarchy, and plutocracy. One could argue that capit
by humanrebar 8y ago
I find your definition of capitalism not meaningfully distinct from already coined terms like aristocracy, oligarchy, and plutocracy. One could argue that capitalism always leads to those, but it's unclear and therefore unhelpful to conflate all of the above.
Distinction and nuance let us have more interesting conversations than the yelling matches on cable news channels.
- dragonwriter 8y ago> I find your definition of capitalism I didn't provide a definition, I just pointed to a factor which is intrinsic too (and the fundamental motivation for) capitalism. > not meaningfully distinct from already coined terms like aristocracy, oligarchy, and plutocracy. The described factor is more specific than those because of the identification of which specific class is privileged. It is, however, an instance of all three of those things.
- humanrebar 8y agoExcept the word for that is already plutarchy.