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[–] [S] 15 points 2 years ago (2 children)

Corporations being in control of a nation is the ultimate goal of capitalism. So I think I will call the U.S. a capitalistic society. One which has come very close to reaching that goal.

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  • [–] -1 points 2 years ago

    Capitalism is an economic system. Extreme capitalism leads to corporatocracy like the US, which makes it a political system.

    I don't even think we disagree on anything.. You are just confusing words/symantics

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  • [–] -5 points 2 years ago (4 children)

    Nope, not true. Capitalism in its base is just the fact you are free to exchange with others.

    Businesses should not be allowed human rights. And especially not to influence politics (even if through third and such parties like lobbyists and superpacs)

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  • [–] 6 points 2 years ago (1 child)

    That's not what capitalism is. People have been exchanging things long before the 1600s. Capitalism is about allowing private interests to own a state's productive capacity for the purposes of profit.

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  • [+] -6 points 2 years ago (1 child)
  • [–] 3 points 2 years ago (1 child)
  • [–] -1 points 2 years ago (1 child)

    The word government isn't even in that entire article. Maybe quote a specific part instead of idiotically linking a main Wikipedia page...?

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  • [–] 2 points 2 years ago* (1 child)

    Okay, allow me to copy/paste the relevant section, the first sentence.

    Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.

    Meaning individuals (aka private interests) own and control the means of production with the goal of generating profit, rather than they be publicly controlled, which is to say controlled by the government.

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  • [–] -1 points 2 years ago (1 child)

    Controlled by the government part is added by you with no source. Typical American basement dwelling commie

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  • [–] 1 point 2 years ago* (1 child)

    https://www.oxfordreference.com/display/10.1093/oi/authority.20110803100353611

    There's your source. That makes two versus your zero? Surely you know what you're talking about.

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  • [–] -1 points 2 years ago (1 child)

    Dude quoting general things doenst make your point... At all... Nor does downvoting me..

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  • [–] 2 points 2 years ago (1 child)

    Brother, you asked me to source the definition of public ownership so I got you a literal dictionary definition of it. And for the record, I haven't downvoted any of your comments, not even the ones I found irritating.

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  • [–] -1 points 2 years ago (1 child)

    I did not ever ask that. Please refrain from putting words into my mouth. What are you, a tankie?

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  • [–] 1 point 2 years ago (1 child)

    Controlled by the government part is added by you with no source. Typical American basement dwelling commie

    Okay, maybe you didn't ask for it, precisely. But you seemed to be bothered that I didn't provide one, so I did.

    You seem to be in your feelings about all this, though.

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  • [–] -1 points 2 years ago (1 child)

    I left Europe 14 years ago because it wasn't nice anymore in my home town. Sorry for you guys but if you live in the USA you shouldn't think you know everything about Europe...

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  • [–] 1 point 2 years ago (1 child)

    I don't think I've made any specific claims about Europe in our discussion. I don't live in the USA, I live in Canada, but either way I would never claim to know everything about Europe because I don't.

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  • [–] -1 points 2 years ago (1 child)
  • [–] 2 points 2 years ago (1 child)

    You are conflating commerce with capitalism. They aren't the same things.

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  • [–] -4 points 2 years ago (2 children)

    F u tanky moron. Extremists are always bad Left wing as much as extreme capitalism.

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  • [–] 4 points 2 years ago (1 child)

    I'm not a tanky.

    You're still conflating capitalism and commerce.

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  • [–] [S] 4 points 2 years ago (2 children)

    He called me a Tankie in another thread. He doesn't know what it means.

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  • They're right though. Freely trading goods and services is commerce, and an economy based on commerce is a market economy.

    Capitalism is specifically a market economy where the means of production are owned privately by an investor class, who increase their wealth exclusively by "profit": a discrepancy between the value the workers in a company contribute, and the compensation paid to those workers (Price- Cost [including wages] = Profit).

    There are non-capitalist market economy models. Like market socialism, in which economic production is still generated by private companies in a free market, but those companies are owned by the workers themselves rather than by non-employee shareholders.

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  • [–] 1 point 2 years ago (1 child)

    You're wrong, and you don't know you're wrong.

    If you care at all that you might be wrong, you would read David Graeber's "Debt: The First 5,000 Years" and learn more about this.

    But you won't, because this is the Internet.

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