3 ms·
That's the essence of capitalism, the state is controlled by capital
by kevviiinn 3y ago
That's the essence of capitalism, the state is controlled by capital
- panick21_ 3y agoSo therefore pretty much every government ever is capitalism. Got it, super useful definition. Even steppe triple confederations were lead by the families with the most livestock. I guess one might be able to call a few exception, but its a definition so broad its utterly useless.
- kevviiinn 3y agoPower structures haven't changed a whole lot, do you seriously think they have?
- panick21_ 3y agoOk so you think its reasonable to call basically any society in the last 4000 years 'capitalism'? I mean if you want to define the word that way, feel free, its just not how almost anybody else defines it. Not even Marx.
- Gibbon1 3y agoThe key phrase is rentier capital vs active types of capital. Rentier capitalists are parasites. Unlike say industrial capitalists they don't work.
- kevviiinn 3y agoDo you honestly think industrial capital owners are working more than landlords? Landlords hire people to do maintenance, industrial capital owners hire people to assemble or fabricate or whatnot
- Gibbon1 3y agoI don't honestly think I know. You actually need to actively and effectively manage factories or you go out of business very quickly. For the last 50 years rentiers with enough capital basically can't not come out ahead.
- kevviiinn 3y agoThat's a reasonable assumption, however management is usually carried out by people on payroll not necessarily the capital owners/investors. That's why I think rentiers and other capital owners are effectively the same