Trading in existing items is not exactly capitalism … that’s just plain old bartering.

Capitalism, especially the modern form, is when you use your existing or inherited wealth to buy or develop companies who generate wealth from the work of other people to create brand new products or services. It’s exploitative because capitalists take the hard work of many people who create brand new products and then claim full or majority ownership over those products without having done anything except claim ownership.

What you are doing is taking old discarded things that either have no more value or lesser value and taking your own effort and time to recreate value and barter it to someone else. The only person you’ve exploited in the transaction is yourself … but you reap all the benefit. And no one can go back and say that the product that you just traded is stolen profit from the previous owner … the previous owner had thrown it away and didn’t value it any more or even considered it trash to be thrown away.

Flipping isn’t capitalism … it’s just good economic sense for the individual.

Unless you turn it all into a multimillion dollar business with employees, real estate and a corporation … it isn’t capitalism.