3 ms·
What does this have to do with capitalism?
by umanwizard 5y ago
What does this have to do with capitalism?
- rocqua 5y agoless capitalism, but the concept of having everything handeled by private enterprise that is for-profit. With prices set 'by thr market' is sorta what happened here.
- umanwizard 5y agoRule by unaccountable large organizations isn't specifically "capitalist", as it has existed in societies of every type of economic organization. By this definition even the Soviet Union was capitalist. I totally agree with you that private organizations being above the law (especially sadistic ones like this) is bad. > by the market How is someone forced by the state to perform free labor a market participant?
- luckylion 5y agoI recommend The Gulag Archipelago for some perspective. This has nothing to do with markets or private for-profit enterprises. https://en.wikipedia.org/wiki/The_Gulag_Archipelago https://en.wikipedia.org/wiki/The_Gulag_Archipelago
- harimau777 5y agoMany people on the right believe that capitalism is incompatible with the exploitation associated with practices such a feudalism and slavery. Therefore, they argue that safeguards and regulation are not needed. This is showing hat exploitation is also a feature of capitalism; therefore, the regulations are still needed.
- umanwizard 5y agoHow is this showing anything is a feature about capitalism? The labor relations described in the article are not capitalistic. How are you defining capitalism?