have you even read ricardo, jean jacques rousseau or kaynes? <:GWcfcThonk:357907199928041473>

and in what sense is it not true capitalism then?

if you're unable to explain it I'd have to wager you don't really understand what you're saying

because 'laissez-faire' as it's referred to which is also a term that changed over the years is different from American capitalism or even just libertarian capitalism

who said anything about laisez fair?

the original idea of capitalism was basically without rules, regulations weren'T a thing, consumer protection was an idea that hadn't even been invented yet

how is someone taking their own money, and making a profit generating service not true capitalism

that's capitalism

I'm talking about the 'true' original capitilism

I've only ever worked for small to medium companies where I knew the owner, who started the company from nothing

the fucking word capitilism is giving me a spelling disorder

true capitalism is a live and well

bruh

that's a small fraction of it

tiny fraction

of the bigger picture

it doesn't make it not capitalism

cool that you worked for small to medium companies that came from nothing

that's like 1% of either capitalism

it's called free enterprise

I never said it wasn't capitalism <:GWcfcThonk:357907199928041473>

then I don't know how you see that as not genuine

because under genuine capitalism those companies would have had no rules to abide to and could potentially have been fucked out of the market through industrial espionage or other means

if this case whatever true might mean seems trivial to the reality that people can start their own productive profit generating systems on their own free will

that's why we had great people like ricardo draft the first ideas of a proper free market

outlining the role of the state as being as little as possible but at minimum the protection of the consumer's rights

which was a completely foreign concept to the previous capitalists

to quote ricardo himself: "Beware of capitalists"

I've never worked for a company that received government subsidies or loans, only loans from people looking to make a profit on said loans

because free market wasn't the same as capitalism back then

who the fuck mentioned subsidies or loans <:GWcfcThonk:357907199928041473>

I don't know how you could know someone who made a million dollar company out of nothing and say "that's not TRUE capitalism"

whatever the true part means must be utterly trivial and pedantic

true = original

the stuff ricardo and other free-marketeers warned about when they said that capitalism is to be feared and that a free-market is much better

you are getting way too hung up on just the core principles of capitalism which noone ever attacked

what I just explained is a free market, the fact that the company had to abide by certain laws or regulations doesn't seem to make the capital generation any less "true"

the point was whether capitalism would starve people

the answer is a resounding yes, only that we had the time to adapt it in ways that would be much better to the people below it

in what sense would it starve people?

there is no reason why we should introduce communism, a system not as developed that would inevitably lead to poverty and famines in the hope that we would one day refine it as much as capitalism