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I gave you an expanded textbook definition. Here’s Wikipedia’s: “Capitalism is an economic system based on the private ownership of the means of production and
by lucian1900 6y ago
I gave you an expanded textbook definition. Here’s Wikipedia’s: “Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.”
Have you been to the DPRK? Who told you the means of production there aren’t controlled democratically by workers? Was it perhaps media owned by capitalists with a vested interest in slandering alternatives to capitalism?
- DeonPenny 6y agoBut you can't expand a definition that was already define. You can make apples also include oranges just because you don't like the definition of what an apple it.
- lucian1900 6y agoWikipedia's definition also describes it in terms of who owns the means of production and what motivates production.