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> Some are more conducive to capitalism, i.e. extracting profits from work (typically by others) by the sole virtue of ownership. Working for yourself is also
by robertlagrant 3y ago
> Some are more conducive to capitalism, i.e. extracting profits from work (typically by others) by the sole virtue of ownership.
Working for yourself is also capitalism. All of the contractual associations we've mentioned work well in capitalism. Your "extracting profits from work" characterization is misplaced. A self-employed plumber extracts profits from work in a sense, but it's a biased way to put it. Everyone who starts a business and loses money isn't extracting profits.
A more neutral way is "people work and pay based on voluntary agreements, under law". Which would include the co-op arrangement we've mentioned.