Message from @urban
Discord ID: 540701135523020810
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets.
In a capitalist market economy, decision-making and investment are determined by every owner of wealth, property or production ability in financial and capital markets, whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.
^ What here do you oppose?
Felt obligated to post this given the discussion
The definition I posted is objective. It's not "muh materialism"
@Deleted User It fails to control itself for the sake of society
There's always been many of these factors
Name a system that does
There's almost always been private property, voluntary exchange, etc.
Competition
Capitalism is just free markets
where previously they were controlled
That's not the definition.
Well, we agree that Capitalism hasn't always existed, but its parts have.
I am not in favor of laissez faire
Or anarchy
Well what is Capitalism to you?
Any system with private means of production?
The definition I posted
Markets?
So I'd disagree where everything is left to the market
I find very little not to like
Previously the state would regulate things to suit the society
There is nothing in the definition that specifies that under capitalism the state can't regulate the market. In fact, the state does so right now in capitalist countries.
Well here we have a problem
The an cap wet dream doesn't exist in modern times. Pretty much every capitalist country has regulation
I'm not just talking about regulation
Well, not regulation as it's usually understood
I think pre-capitalist economies are worth looking at
I mean if you want to call me a capitalist because I'm not a natsoc, or a socialist, or a marxist, go ahead. But I think there's a fundamental problem with defining capitalism so loosely
I went from libertarian to alt right reactionary to realizing that a lot of the ideas I was toying with were genuinely dumb and I needed to ground myself in reality. Socialism is pretty shitty
People in these circles just throw around the term capitalism as this bogeyman that has no clear definition.
I'm not a socialist
There's not just socialism and capitalism
I am aware.
If you want to call me a capitalist in favor of heavy regulation go ahead, but "Capitalism" implies a lot of things I'm not
I'm more of a distributist
I favor guilds over complete free trade. I favor decentralization of the economy by the state. But I still believe in private property
How does capitalism imply a lot of things you're not?
"I favor guilds over complete free trade" capitalism is not "complete" free trade