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SailorMoss@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

Adam Smith did not ‘invent’ capitalism. No single person can invent an economic system. He made some early observations and normative assertions about a set of economic relations that were forming independent of him.

So the economic system we had prior to capitalism was feudalism. The common lands that I mentioned were apart of the feudal system. The system of landlords and rent-seeking were and are apart of capitalism. You can just look around… we still have these things. You do understand that right? Unless you’re saying our current system isn’t capitalist.

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