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> pressure the government into making it Not really, Capitalism is free-trade between two parties. The more government involvement you have the more it moves
by Xeoncross 3y ago
> pressure the government into making it
Not really, Capitalism is free-trade between two parties.
The more government involvement you have the more it moves towards socialism or communism where the government controls trade.
At least this was the historical meaning. These days Capitalism is being redefined to mean private (non-government) Communism. That is, power concentrated in the hands of a few.
- immibis 3y agoCapitalism is not free trade between two parties. That's free market. Capitalism is control by capital.
- Xeoncross 3y agoThere is no free market without Capitalism. Capitalism is where the private citizens controls the capital. Not the government. It's not possible to have a free market without competitive markets, price systems, private property, property rights recognition, and voluntary exchange.
- KingMob 3y ago??? Bazaars existed for millennia before capitalism arose. > Capitalism is where the private citizens controls the capital. Well, that's a tautology, but based on the examples you cite in the next sentence, you're mixing up "property" with "capital". Capital is specifically the means of production. All capital is property, but not all property is capital. A factory filled with machinery is capital; your toothbrush isn't. > It's not possible to have a free market without competitive markets, price systems, private property, property rights recognition, and voluntary exchange. Most of these predate capitalism.
- stOneskull 3y agothe word predates karl marx but he made it popular, and the meaning usually is referring to his use. i think it's great there are a million writers with different ideas and i wish marxists would read more of them instead of more of him and his other cult members. they should try and write a manifesto too. it's easy. write two. then three works of fiction each with a different utopia.
- typon 3y agoI would recommend reading this entire page: https://plato.stanford.edu/entries/socialism/ https://plato.stanford.edu/entries/socialism/ But if you don't have the time for that, just read the intro paragraph.
- stOneskull 3y ago> Capitalism is being redefined to mean private (non-government) Communism i've heard this called super-capitalism, yeah.