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The current sense of the term in which I use it now is capital-maximizing. If you have money, if you're capitalistic, you should be investing in what can make y
by smokinn 13y ago
The current sense of the term in which I use it now is capital-maximizing. If you have money, if you're capitalistic, you should be investing in what can make you the most money, or, if you're bought in to a system, you should be extracting the most "value" from it as possible.
I'm not using it as a political term, rather to describe our current, quarter-profit-maximization system driven by the stock market and public company board + CEO directives for how to run a company.
It's great for efficiently using capital to exploit existing innovations but it's really bad at things like investing in the public, social good of things like healthcare.
- falsedan 13y agoTry 'mercantile' instead.