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What? No. Capitalism is a more specific system for organizing goods and services, wherein the means of production and distribution of those goods and services
by less_less 4y ago
What? No. Capitalism is a more specific system for organizing goods and services, wherein the means of production and distribution of those goods and services (buildings, land, machines and other tools, vehicles etc) are privately owned and operated by workers (who are paid a wage) for the profit of the owners. That's only been the norm for a few hundred years, and only in certain places. Also, capitalism is separate from copyright and other IP, though IP as currently implemented is pretty obviously a capitalist concept.
- hdjjhhvvhga 4y ago> That's only been the norm for a few hundred years, and only in certain places. Can you point to a system that worked well before that you'd like to go back to?
- KingMob 4y agoYour question assumes the only alternatives involve going back, not forwards. There are still many untried sociopolitical systems.
- less_less 4y agoAt the moment I'd rather not get involved in an online argument about which economic systems are better than than which other ones... especially not on a forum run by a startup accelerator, with a constraint that my preferred system has to be more than 300 years old. I just wanted to point out that capitalism is in fact a specific economic system. It's not a law of nature, or another word for "markets" or "freedom", or a realization that some other system doesn't work.