Comment on YouTube cracking on ad blockers.

• gapbetweenus@feddit.de ⁨1⁩ ⁨year⁩ ago

  That’s deep.

  source
• Thorny_Insight@lemm.ee ⁨1⁩ ⁨year⁩ ago

  Capitalism is driven by the idea of a free market, where competition and the law of supply and demand determine prices, production, and distribution. Manipulating you to buy stuff is the result of human greed, not capitalism. That’s such a monothink way of seeing the world.

  source

  • Madrigal@lemmy.world ⁨1⁩ ⁨year⁩ ago

    That’s commerce, not capitalism.

    source

    • Thorny_Insight@lemm.ee ⁨1⁩ ⁨year⁩ ago

      That’s the foundation capitalism is built on.

      source
  • KaleDaddy@reddthat.com ⁨1⁩ ⁨year⁩ ago

    Medieval communities did not engage in capitalism or any sort of internal market economy. Your assumption is that history defaults to a modern western mindset where everyone is highly individualistic and only interested in themselves. Yes you would give your neighbor eggs because you know theyll give you nails. Its called a “gift economy” by historians. Anyone who didnt help the community would be ostracized

    source

    • iopq@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Money was invented in 3000BC, with first coins being minted out of precious metals around 650 to 600BC

      source

      • Helluin@lemm.ee ⁨1⁩ ⁨year⁩ ago

        coins being around for a long time dosent mean that most trade relied on them though

        source

        • -> View More Comments
    • Thorny_Insight@lemm.ee ⁨1⁩ ⁨year⁩ ago

      My comment is meant as a counter argument for the claim that capitalism is “manipulating you to buy specific shit”

      source
  • lath@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Capitalism is the concentration of society around capital, hence the name capital-ism.

    Here’s a definition of capital:

    : a stock (see STOCK entry 1 sense 1a) of accumulated goods especially at a specified time and in contrast to income received during a specified period also : the value of these accumulated goods (2) : accumulated goods devoted to the production of other goods (3) : accumulated possessions calculated to bring in income set capital and land and labor to work —G. B. Shaw see also VENTURE CAPITAL b (1) : net worth : excess of assets over liabilities (2) : STOCK sense 2a see also CAPITAL GAIN, CAPITAL STOCK, EQUITY CAPITAL c : persons holding capital : capitalists considered as a group d : ADVANTAGE, GAIN make capital of the situation e : a store or supply of useful assets or advantages

    So Capitalism doesn’t give a shit about free market, workers, ethics, consumers, nation, environment etc, only about capital. Which is why Capitalism is good for the stock holders, yet bad for everyone else. Because stock holders will do anything for their capital.

    source

    • TheFonz@lemmy.world ⁨1⁩ ⁨year⁩ ago

      I’m not sure why you’re defining “capital”.

      capitalism

      /ˈkapɪtəlɪz(ə)m/

      noun

      an economic and political system in which a country’s trade and industry are controlled by private owners for profit.

      “an era of free-market capitalism”

      This includes your labor: you are the private owner of your labor. Capitalism is not possible without free markets.

      source

      • lath@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Mostly for myself.

        The pointing i’m failing to make is you speak of Capitalism the same way others speak of Communism, of an ideal stateof mind where everyone plays nice and does what they’re supposed to. But few people do. Most play dirty and don’t respect these definitions. Like you say, the imagination is nice, however it’s reality that annoys and people come to hate and harm each other when profit is more important that coexistence.

        source

        • -> View More Comments
    • Thorny_Insight@lemm.ee ⁨1⁩ ⁨year⁩ ago

      That’s cool but, what does it have to do with the topic at hand?

      capitalism

      : an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

      source
  • emberwit@feddit.de ⁨1⁩ ⁨year⁩ ago

    You are mixing up free market and capitalism.

    source

    • Thorny_Insight@lemm.ee ⁨1⁩ ⁨year⁩ ago

      My definition is almost word to word the same that merriam webster gives. You can go have a look yourself.

      source
    • TheFonz@lemmy.world ⁨1⁩ ⁨year⁩ ago

      What are you talking about? Capitalism is inherently reliant on free markets. Otherwise what you have is a planned economy. You know, the opposite of capitalism?

      source

      • emberwit@feddit.de ⁨1⁩ ⁨year⁩ ago

        Capitalism is reliant on a free market. That does not make it the same nor does that mean that a free market is reliant on capitalism.

        source
  • TheFonz@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Dude, you’re talking to 14 year olds that skimmed Das Kapital one time and binged second thought on yt for the sum of their economic education.

    source