and?

"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."

And, you asked me if capitalism = economics

That means, no

i said capitalism has economic implications

It is not synonymous

With economics

It is an economic system

i never said that

One economic system

i said it has enough implications to call itself an economic system

yea

I fully understand it's an economic system O_o

i never said capitalism = economics

And thats what I understood you to be saying, thats why I said let me explain

So anyway

What capitalism is,

Also give me a sec so I can text someone

jesus christ

ok

anyways what's your political stance @Dark Chocolate Muffin

and yours @Comrade Skeltal

K anyway

So what capitalism is,

Is a relationship of investment

I.e. you take wealth

Wealth often stolen, or inherited from other people who stole it,

*distributed

And you invest it into resources like land

No, stolen

Let me finish

So you invest it into resources

These resources, after inclosure, when capitalism was founded,

Is what is now known as "the means of production"

The memes of production O_o

And in investing in these resources, to use capital, would be to say, pay someone a wage, to work said resources.

In paying them to do something, i.e. take wood and make chairs,

You are investing in their labour, and taking the chair with their added value of time and energy, then selling it.

You pay them their wage, you keep the excess profit they created via turning the wood into more than wood, a chair.

It is the relation of investment of wealth, CAPITAL

That we get the word, capitalism.