Jude on Nostr: #Capitalism: Economic system based on private ownership of the means of production. ...
#Capitalism:
Economic system based on private ownership of the means of production.
When the means of production are privately owned, it inherently creates an imbalance of power between the owners and workers, leaving workers dependent on employment for survival. This incentivizes evil behavior by owners who lust for power. The sophistry on my last thread denies the selfish, hoarding behavior we're fighting has anything to do with capitalism. But you can't hoard something unless you can own it.
Economic system based on private ownership of the means of production.
When the means of production are privately owned, it inherently creates an imbalance of power between the owners and workers, leaving workers dependent on employment for survival. This incentivizes evil behavior by owners who lust for power. The sophistry on my last thread denies the selfish, hoarding behavior we're fighting has anything to do with capitalism. But you can't hoard something unless you can own it.