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Please describe how you would get rid of the concept of capital. I'm honestly curious. Isn't capital just money that has been saved and can be invested? Is the

Please describe how you would get rid of the concept of capital. I'm honestly curious. Isn't capital just money that has been saved and can be invested? Is the money in your savings account not "Capital"? Surely you're not proposing getting rid of money. That would be silly. Barter becomes an O(n^2) problem. I'm baffled trying to figure which specific laws could be removed to delete capital from our society. Maybe you've read some secret communist literature that lays out a plan or something. Or maybe you're defining "Capital" in a way that is nonstandard or otherwise unfamiliar.

kelseyfrog 5y ago
> I'm baffled trying to figure which specific laws could be removed to delete capital from our society. Sounds like a fantastic project filled with economic, sociological, political, and ontological questions. What's the space of categorizations and which categorizations have the most compelling explanatory power? As an example, here's a statement[1] in the tax code which defines "capital asset." Enjoy! [1] https://www.law.cornell.edu/uscode/text/26/1221#a https://www.law.cornell.edu/uscode/text/26/1221#a