Capitalism itself is a scam (as it is literal systematic extraction of wealth aka exploitation), and every narrative that capitalists have used to defend this system, make it look and sound like a good system, has been a complete and utter lie.
Post by twetch#9568
capitalism is a loaded word and i don't agree with your definition
to me, capitalism at its' core is really just a phenomenon -- not a philosophy:
save money, invest in capital, grow wealth, re-invest new capital into more capital goods, re-invest... etc
What the chain says
- Block
- 625 781
- Time
- 2020-03-11T18:16:15Z
- Signer
- 1JGVXJYFj9tsQrsLwhTrKPjSEdTBbwXmwb
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#9568
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1JGVXJYFj9tsQrsLwhTrKPjSEdTBbwXmwb VerifiedReplies (1)
Capitalism is very simple set of rules which none of you seem to know or understand.
Capitalism = System
System = set of rules
So, Capitalism is system of production where business is privately owned & the owner has the power to make all decisions.