3 ms·

Hi! Capitalism is not simply the exchange of goods (merchandise, in my case) and money. Capitalists accumulate excess capital (hence the name “capitalism”) thro

Hi! Capitalism is not simply the exchange of goods (merchandise, in my case) and money. Capitalists accumulate excess capital (hence the name “capitalism”) through the exploitation of the environment and workfore (RE surplus Labour value). I do not have a workforce, and I use Teemill because they are—at least purportedly—sustainable. I am self-employed because I do not like to be on capitalists’ payrolls. That means I have to think of other ways to make money. The notion of making money any way but having a job (working for a capitalist) being bad is an internalisation of capitalist dogma.

sixstringtheory 3y ago
IMO a capitalist that merely hoards wealth is a bad capitalist. They will eventually be surpassed by someone better. Good capitalists reinvest in better technology, processes and the labor force that executes their mission. That’s how you stay competitive. Regardless of whether an economy is capitalist, socialist, communist, whatever, there will be wealth hoarders and exploiters. This is not intrinsic to any economic system, but rather human nature.