Viewing a single comment thread. View all comments

salamader_crusader t1_iv673g4 wrote

In this case, I believe Capitalism is the wrong term. What you are describing is "Commerce" and I do believe there is a significant distinction. In my replies, I have stated that Capitalism is a fairly new model of structuring our economy. Before that was mercantilism, before that bartering, etc. Capitalism distinguishes itself by a heavy focus on profit by trying to imbalance the zero-sum game of commerce. Also, if you look into the field of anthropology, you will see that tribes of humans were very communal, helping each other without seeking profit. I'm not claiming that it was some utopia nor that tribes always worked well with each other, but the claim that capitalism is some sort of innate trait in human society present in our ancestors does not hold well against evidence.

10

SuperSirVexSmasher t1_iv68wqs wrote

This is what I get from a google definition search:

"an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state."

Anyways i don't want to spend much time arguing about this. There is plenty of that in this thread already lol

4

salamader_crusader t1_iv6b7h4 wrote

Hello again,

Yes, capitalism can be described as such, though I have seen some debate among scholars of the issue of whether or not something like State capitalism can exist such as the case with China once the precepts and statutes of capitalism are more closely looked and how china makes use of them even though their enterprise is not entirely private, but I don't know much about Deng's ideas to tell you. However, the definition you provided does necessarily reinforce your original comment.

I agree that capitalism does use the idea of free trade among free individuals, but if that were all that it entailed we would have never made another term for something that already existed. The key word would be profit. What separates capitalism from simple commerce or trade is that surplus value is generated by these transactions instead of just satisfying the needs of the two parties.

Also, although a quick definition might be a good starting point for discussion of the topic, it is also too short and simplified to capture the nuances and intricacies of an ideology that has had books written about it.

2

HowTheWestWS t1_iv8yua6 wrote

We must get back to our community based systems. The capitalist market is squeezing the collective of ppl dry. Homelessness is being criminalized as average rent in the city I’m in reaches $2500 and no, telling ppl to move isn’t the solution.

4