Comment on We live in a post scarcity information society and we still haven't moved on from capitalism.
Cowbee@lemmy.ml 11 months agoCapitalism is a Mode of Production by which the Means of Production are bought, sold, and traded among individuals. This results in Capitalists, ie owners of Capital, and Workers, those who Capitalists employ to create Value using said Means of Production.
Hamartiogonic@sopuli.xyz 11 months ago
And what’s the problem with owning, buying and selling things? We’ve been doing that for millennia. Obviously, unregulated American style capitalism is very broken, but there are better ways to do business. It’s just that those ways are not that appealing to the greedy.
Cowbee@lemmy.ml 11 months ago
Markets aren’t Capitalism, Capitalism has only been around for a few hundred years.