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> 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 o

> 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.