What we’ve got now looks more like a corporate oligarchy. The free market only applies to small players
Tell me, how free was India to develop in free competition against England in the 19th century? How free was Congo to compete against Belgium? Oh, wait, you’re only talking for a white minority, I see. When exactly was capitalism better, when English children lost their fingers trapped in machinery in coal-powered factories in England in the 1850s and died at 30-ish years of age? Maybe it was better in 1917, when the ambitions of capitalism and imperialism triggered WW1 and ground tens of millions of lives? Or was it good in the 1950s/60s when the US murdered millions in Vietnam, Laos, Cambodia and Korea through the most horrific bombing campaigns just because they didn’t want to be capitalist? What good capitalism are you exactly talking about?
I’m sorry what? I didn’t say anything about “good capitalism” or any kind of warfare or committed atrocious or any kind of racial issues.
In fact I am denouncing capitalism in my comment.
It’s like you just picked a random line to quote then went off on some idealistic rant about literally nothing.
Jkf was assassinated, there’s micro plastics in our food, I took a painful shit last night = therefore capitalism is bad!
Strawman Fallacy Oh, wait, you’re only talking for a white minority, I see.
False Dilemma What good capitalism are you exactly talking about
Appeal to Emotion English children lost their fingers… died at 30-ish
Post Hoc Ergo Propter Hoc Capitalism and imperialism triggered WWI.
Guilt by Association US murdered millions… because they didn’t want to be capitalist.
Red Herring The entire comment diverts from discussing actual merits or failures of capitalism as an economic system by listing atrocities as if they are direct and exclusive outcomes of capitalism, avoiding systemic analysis.
Loaded Question When exactly was capitalism better…
Your entire comment is nothing more than idealistic mental masturbation, what a waste.
Communism: ownership of the means of production by the people.
Capitalism: ownership of the means of production by private entities.
Your definition was vague enough to fit both, which was funny because you gave it while patronizingly stating how easy it was to define. Doubling down by patronizingly reciting what the word ‘definition’ means is one way to go I guess.
Communism (from Latin communis ‘common, universal’)[1][2] is a sociopolitical, philosophical, and economic ideology within the socialist movement,[1] whose goal is the creation of a communist society, a socioeconomic order centered on common ownership of the means of production, distribution, and exchange that allocates products in society based on need.[3][4][5] A communist society entails the absence of private property and social classes,[1] and ultimately money[6] and the state.[7][8][9]
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit.[a] This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth.[b] Capitalist economies tend to experience a business cycle of economic growth followed by recessions.[13]
Two completely separate meaningful definitions of two different economic processes and philosophies.
I honestly don’t know why I continue to engage. You people don’t even know what you’re arguing against.
The red herring fallacy run rampant in the comment section equating capitalism to atrocities committed by war criminals etc.
Idealistic morons with their head in the clouds talking about concepts they don’t know anything about.
Heck even people from other countries talking about how evil America is for destroying their economic system which was something that America does.
And now here you are talking about how my definition of capitalism is too vague.
What on God’s green earth does that have to do with the current American economic landscape turning into a corporate oligarchy.
Literally no one even addressed a single concept in my original comment except to harass me about how capitalism is bad.
Tell me, how free was India to develop in free competition against England in the 19th century? How free was Congo to compete against Belgium? Oh, wait, you’re only talking for a white minority, I see. When exactly was capitalism better, when English children lost their fingers trapped in machinery in coal-powered factories in England in the 1850s and died at 30-ish years of age? Maybe it was better in 1917, when the ambitions of capitalism and imperialism triggered WW1 and ground tens of millions of lives? Or was it good in the 1950s/60s when the US murdered millions in Vietnam, Laos, Cambodia and Korea through the most horrific bombing campaigns just because they didn’t want to be capitalist? What good capitalism are you exactly talking about?
I’m sorry what? I didn’t say anything about “good capitalism” or any kind of warfare or committed atrocious or any kind of racial issues.
In fact I am denouncing capitalism in my comment.
It’s like you just picked a random line to quote then went off on some idealistic rant about literally nothing.
Jkf was assassinated, there’s micro plastics in our food, I took a painful shit last night = therefore capitalism is bad!
Strawman Fallacy Oh, wait, you’re only talking for a white minority, I see.
False Dilemma What good capitalism are you exactly talking about
Appeal to Emotion English children lost their fingers… died at 30-ish
Post Hoc Ergo Propter Hoc Capitalism and imperialism triggered WWI.
Guilt by Association US murdered millions… because they didn’t want to be capitalist.
Red Herring The entire comment diverts from discussing actual merits or failures of capitalism as an economic system by listing atrocities as if they are direct and exclusive outcomes of capitalism, avoiding systemic analysis.
Loaded Question When exactly was capitalism better…
Your entire comment is nothing more than idealistic mental masturbation, what a waste.
Coming from somebody who doesn’t understand the basics of capitalism.
Ownership of the means of production.
It’s not fucking hard.
You messed that up too - whose ownership? ‘Ownership of the means of production’ could just as easily fit the definition of communism.
No it can’t because the word communism doesn’t define as the ownership of the means of production that’s the definition for capitalism.
But here’s one that you might need some help with:
Definition
“a dictionary definition of the verb”
“the clarity and definition of pictures can be aided by using computer graphics”
Guess I have to spell it out.
Communism: ownership of the means of production by the people.
Capitalism: ownership of the means of production by private entities.
Your definition was vague enough to fit both, which was funny because you gave it while patronizingly stating how easy it was to define. Doubling down by patronizingly reciting what the word ‘definition’ means is one way to go I guess.
Communism (from Latin communis ‘common, universal’)[1][2] is a sociopolitical, philosophical, and economic ideology within the socialist movement,[1] whose goal is the creation of a communist society, a socioeconomic order centered on common ownership of the means of production, distribution, and exchange that allocates products in society based on need.[3][4][5] A communist society entails the absence of private property and social classes,[1] and ultimately money[6] and the state.[7][8][9]
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit.[a] This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth.[b] Capitalist economies tend to experience a business cycle of economic growth followed by recessions.[13]
Two completely separate meaningful definitions of two different economic processes and philosophies.
I honestly don’t know why I continue to engage. You people don’t even know what you’re arguing against.
The red herring fallacy run rampant in the comment section equating capitalism to atrocities committed by war criminals etc.
Idealistic morons with their head in the clouds talking about concepts they don’t know anything about.
Heck even people from other countries talking about how evil America is for destroying their economic system which was something that America does.
And now here you are talking about how my definition of capitalism is too vague.
What on God’s green earth does that have to do with the current American economic landscape turning into a corporate oligarchy.
Literally no one even addressed a single concept in my original comment except to harass me about how capitalism is bad.