Message from @ᴏᴠᴇʀꜱᴇᴇʀ ꜱᴛʀᴀꜱꜱᴇʀ
Discord ID: 688821472772358342
True
Nigga what
@ᴏᴠᴇʀꜱᴇᴇʀ ꜱᴛʀᴀꜱꜱᴇʀ You think Capitalism will collapse?
Self evident. @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
It already has.
Where?
Well not collapsed but rather transformed beyond its original bounds and goals.
Into neo liberal global market economy.
So..
Its not self sustainable.
Plus only capitalist countries that are holding on are either global imperialist like USA or had to implement socialist reforms like in europe to appease the working class and prevent revolts.
Anywhere else capitalism has failed.
Balkans.
Eastern Europe
Africa
South america.
They are shitholes.
What even is Capitalism?
Private ownership of means of production and exploitation of worker labour.
Why can't it be high economic freedom?
Economic and personal freedoms arent bound to capitalism.
There are so many defintions of Capitalism, how do I know you're correct?
Because its literally what it is.
Capitalism is just an economic system.
Unlike socialism that is both economic and social.
Without private ownership of means of production there is no capitalism.
Because its the foundations of capitalism.
Couldn't the defintion of Capitalism be: High economic freedom
There can be a free market but then without private property the marker relies on workers productivity and guilds if you are under utopian socialist system.
Economic freedom isnt bound to capitalism.
for example Yugoslavia a socialist state had more economic freedoms than some capitalist states.
Private property rights are right?
Do you knowwhat private property means to start with.
Sure
Your car, house and toothbrush are personal property.
Yes
Private property is a resource, that is used by a machine/worker to produce a consumer good you sell and take all the profits generated by everything needed for that product and everyones labor, then distribute it according to your will.
It doesnt mean without private property there are no managers and business positions.
Its just on how income is generated.
Is private property only with Capitalism or?