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No, you don't need capital to start plantations. You just need land and labor. People were running farms and plantations thousands of years before coinage was i
by manfredo 7y ago
No, you don't need capital to start plantations. You just need land and labor. People were running farms and plantations thousands of years before coinage was invented.
Plantation owners are capitalists in the same vein that Romans were capitalists when they conquered neighbors and cultivated this newly annexed land. This is perhaps correct in a very abstract sense of capitalism, but it is an alternative definition that is not shared by most people and most people will say you are wrong if you try to claim that this is capitalism.