Comment on Pirates are just hyperindividualized, privatized navies engaged in a competitive market with one another so how can they be worse than navies according to the logic of capitalism?

<- View Parent
squaresinger@lemmy.world ⁨1⁩ ⁨month⁩ ago

Oh no, another one of these “there are only anarcho-capitalism and socialism and nothing in between” types.

There is no viewpoint-independent logic behind capitalism because capitalism wasn’t designed. It’s a natural function of trade. As soon as you have the concepts of property and trade, you have capitalism. The ancient babylonians had capitalism, and so did the ancient egyptians.

What we call capitalist theory now is nothing but descriptivism coupled with a bit of putting up anti-caputalist guardrails to make sure capitalism doesn’t completely run amok. And since the 70s, these guardrails have been left to rot or actively dismantled.

Again, if you do nothing, capitalism will emerge. If you continue to do nothing, monopolists will emerge. If you continue to do nothing, these monopolists will take over the government, and you get feudalism.

That’s just the natural, mathematical precession.

source
Sort:hotnewtop