2 ms·

Capitalism is not just "the existence of money and markets". You can still have money and markets without capitalism.

• dmonitor 4y ago
  Capitalism is when businesses do things I don't like, and the more they do those things the more capitalist it is.
• Mikeb85 4y ago
  > You can still have money and markets without capitalism Money yes markets ish. A pillar of capitalism is the private ownership of capital, without private ownership many markets no longer exist (talking the economic definition of 'market').
  • uoaei 4y ago
    "Some markets become obsolete when you remove capitalism" is not the same as "markets are only a thing under capitalism". The real estate market would probably look much different and may even dissolve entirely if you forbid private ownership of real estate capital. I don't think this is a groundbreaking insight, I'm just clarifying for those who are careless about their use of words.
    • Mikeb85 4y ago
      Yes but there's also people who think capitalism = things they don't like and don't bother to think about what the alternative truly looks like.
      • uoaei 4y ago
        Straw men are not coming for your privately-owned home any time soon, friend.
  • tkk23 4y ago
    Capitalism can also mean that politics shouldn't intervene when monopolies dominate markets. Then markets may also disappear in capitalism.
    • uoaei 4y ago
      That's not what capitalism means. That's corporatism, if anything, assuming (as a sensible default) that corporations are the ones holding monopolies.
• throw10920 4y ago
  This is technically true in the abstract, but the people who use phrases like "post-capitalist" usually have a slightly different meaning in mind than what you described.
  • deleted 4y ago
    [deleted]