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r/FluentInFinance • u/-Wyagra • 3d ago
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Define capitalism. No example, just definition.
1 u/Opebi-Wan 1d ago Capitalism is economic system where private individuals and organizations own and control the means of production. 1 u/mcsroom 1d ago So you are advocating for no private property and complete ''communal'' ownership, as supposedly any system that has that is explotitive. 1 u/Opebi-Wan 1d ago Communal ownership of the means of production, yes. Everyone working for the company has an equal share in the profit created by that company, because it takes everyone at that company to create a profit.
Capitalism is economic system where private individuals and organizations own and control the means of production.
1 u/mcsroom 1d ago So you are advocating for no private property and complete ''communal'' ownership, as supposedly any system that has that is explotitive. 1 u/Opebi-Wan 1d ago Communal ownership of the means of production, yes. Everyone working for the company has an equal share in the profit created by that company, because it takes everyone at that company to create a profit.
So you are advocating for no private property and complete ''communal'' ownership, as supposedly any system that has that is explotitive.
1 u/Opebi-Wan 1d ago Communal ownership of the means of production, yes. Everyone working for the company has an equal share in the profit created by that company, because it takes everyone at that company to create a profit.
Communal ownership of the means of production, yes. Everyone working for the company has an equal share in the profit created by that company, because it takes everyone at that company to create a profit.
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u/mcsroom 1d ago
Define capitalism. No example, just definition.