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Capitalism is free markets, private property, voluntary exchange of labor, capital accumulation, etc. What you're complaining about is greed. Greed has existed
by slibhb 3y ago
Capitalism is free markets, private property, voluntary exchange of labor, capital accumulation, etc.
What you're complaining about is greed. Greed has existed throughout human history (and probably before). Greed is found wherever there are people (and probably animals), including in non-capitalist arrangements.
- deleted 3y ago[deleted]
- dns_snek 3y agoI wasn't complaining about greed, not in this comment anyway. I was merely describing the nature of free markets with supply & demand as its driving principle. Those are the rules, but employers despise getting beaten at their own game.
- slibhb 3y agoMarkets don't reward greed. They reward behavior that grows the market. In the long run growing the market comes down to capital (as in factories, roads, and stuff), technology, skills, culture, and people.