Didn't palace economies decline with the Bronze Age Collapse? >private ownership
Lots of pre-capitalist societies had this, even in the Americas. >division of labor
Basically every society has this in some form; even hunter-gatherers have forms of sex-segregated labor. >competition through markets
This one seems the most recent and uniquely capitalist to me, but there were still primitive forms of it before capitalism.
2 years ago
Anonymous
>Didn't palace economies decline with the Bronze Age Collapse?
Not really, Roman manorialism and medieval feudalism was just many smaller palace economies. Even if private ownership existed, it was pretty rare and tended to come with a lot of clauses to the ownership, and in any case the lion's share of property was always owned by the government.
All of them together make capitalism. Mercantilism essentially outlawed competition through markets, and feudalism did not really have private ownership as we know it. I am too ignorant of pre-feudal economics to comment on them.
>The natural mode of human economic organization
I never really understood this line of reasoning since 99% of people through 99% percent of history lived in grinding subsistence poverty that was occasionally and briefly "relieved" by mass death.
You are right but overexaggerating a little. Market economies emerged naturally and independently in many areas of the world. Of course many people might remain disenfranchised, like Athenian slaves, but lots of trade did occur throughout history. Capitalism is natural because it arose spontaneously and no one designed or implemented it
Capitalism is a process where owners of the means of production (or capital/objects people use to produce goods) pays a person for to do whatever they ask for a set amount of time in which the Capitalist then attempts to have them make as many products as they possibly can. Once the worker produces goods which will sell as much as his salary and materials cost the Capitalist keeps working him in order to generate profit which he holds in his right because he owns the machinery. They then reinvest a portion of the profit into machines that will allow the workers to be more efficent. The Capitalist's livelihood is dependent almost entirely on how intensely they can make workers produce more money than they give them.
I have little knowledge about politics, but what you say sounds hyper focused on assembly line works. Many jobs nowadays don't require machinery (unless you call a laptop machinery).
Also I would argue many people choose an employer not for the machinery, but for the stability, since they usually have capital reserves and a vast pool of clients.
Becoming freelancer is open to many but can be intimidating
Like I said those people are most likely not involved in the process of creating wealth for society. They are lamprays of a larger lampray called Capitalists that attach themselves to the wealth of capital. A few of those "laptop jobs" are involved in the process of managing and organizing the jobs which actually produce wealth. It's self evident that laptop jobs mearly "facilitate" (to a nebulous degree) rather than directly create value. Imagine a society without any industrial labor and everyone has laptop jobs. How much value will society generate with nobody producing any physical commodities? Compare that to a society where 100% of the workforce is dedicated to production with no laptops in sight. Which will be more productive?
This comparison sucks. Of course some manual laborers will always be needed, but the ratio favors the 3rd and 4th economic sector at the moment. Many of the things you use in everyday life need an army of engineers, logisticians, and programmers to get the supply chain to work, but once it's set up, a small group of workers can produce the national demand for heavy duty train cars in a facility the size of a small village.
With 100% manual laborers we would have - at best - junkyard mechanics tier transportation, with zero standardizations, exchangeable parts, and safeties.
But I give you one thing, a lot of bigger companies are way to top heavy and use too many resources on micromanagement. That's why I believe a healthy competition is important.
Voluntary exchange of goods and services, capitalism like any other idea never exists in complete pure form in reality, there's only degrees of capitalism, look at this like how what we call "cold" doesn't actually exist, "cold" is just absence of heat.
It have steam power.
Everything else already existed at the time of the Mesopotamian cities states, even making a living by borrowing money. It have been this way for all of antiquity, all of the medieval period, with concentration of wealth greater than whan we have now like in Venice or with the Eastern India compagnies.
What whanged at the industrial revolution was steam power.
A market economy where Owners are protected from full responsibility via a business proxy, who as an artificial construct is responsible for the actions of a company, not the actual owners of the company.
Capitalism isn't a real thing, its a meme leftists created because they are so stupid that they believe that in a free market the one that owns capital has more power. Thats plainly ignorant, in a free market what gives you power is having the most scarce factor of production, sometimes it is capital but other times its land or labor. For example a professional athlete doesn't own capital and yet he has more power than most capitalists.
Capitalism is when the government does stuff (that I don't like.) Fascism is capitalism. Government bailouts are capitalism. The government giving a monopoly to a company is capitalism.
Not affording things while a fricking muttoid beast get to make 50 million on only fans from sex denied middle age fat bastards by just posting face photo. God I hate white people so much but their capitalism loving ones that plague the earth will never not be the most horrid whites of all.
The freedom to produce, trade and consume any goods and services acquired without the use of force, fraud, theft or government regulation. This is embodied in the rule of law, property rights and freedom of contract, and characterized by external and internal openness of the markets, the protection of property rights and freedom of economic initiative.
Protestant Work Ethic as an economic system, hence why socialism tends to be more popular in Catholic and Orthodox countries.
Capitalism is when people buy thing, they more thing they buy the capitalister it is.
Anything that is heckin’ based and trad is capitalism and socialism is everything I don’t like
I suppose that it can be defined as an economic system centered around private ownership, division of labor, and competition through markets.
Wouldn't both of those definitions apply to some pre-capitalist economies too?
No, because for most of history the economy was controlled through a palace economy that was basically just a socialist regime.
Didn't palace economies decline with the Bronze Age Collapse?
>private ownership
Lots of pre-capitalist societies had this, even in the Americas.
>division of labor
Basically every society has this in some form; even hunter-gatherers have forms of sex-segregated labor.
>competition through markets
This one seems the most recent and uniquely capitalist to me, but there were still primitive forms of it before capitalism.
>Didn't palace economies decline with the Bronze Age Collapse?
Not really, Roman manorialism and medieval feudalism was just many smaller palace economies. Even if private ownership existed, it was pretty rare and tended to come with a lot of clauses to the ownership, and in any case the lion's share of property was always owned by the government.
> palace economy that was basically just a socialist regime.
Sure, if your definition of socialism is whenever the government does stuff
The government owning all the stuff is what socialism ends up being in practice.
In Soviet Russia, maybe
Nah, that's the way it's been in pretty much every attempt.
Russia and its client nations remained kleptocratic shitholes even after discharging socialism
All of them together make capitalism. Mercantilism essentially outlawed competition through markets, and feudalism did not really have private ownership as we know it. I am too ignorant of pre-feudal economics to comment on them.
Private ownership of the means of production.
An economic system designed around decentralized economic units that are all incentivized to maximize personal-unit gains.
The natural mode of human economic organization
>The natural mode of human economic organization
I never really understood this line of reasoning since 99% of people through 99% percent of history lived in grinding subsistence poverty that was occasionally and briefly "relieved" by mass death.
You are right but overexaggerating a little. Market economies emerged naturally and independently in many areas of the world. Of course many people might remain disenfranchised, like Athenian slaves, but lots of trade did occur throughout history. Capitalism is natural because it arose spontaneously and no one designed or implemented it
Capitalism is a process where owners of the means of production (or capital/objects people use to produce goods) pays a person for to do whatever they ask for a set amount of time in which the Capitalist then attempts to have them make as many products as they possibly can. Once the worker produces goods which will sell as much as his salary and materials cost the Capitalist keeps working him in order to generate profit which he holds in his right because he owns the machinery. They then reinvest a portion of the profit into machines that will allow the workers to be more efficent. The Capitalist's livelihood is dependent almost entirely on how intensely they can make workers produce more money than they give them.
I have little knowledge about politics, but what you say sounds hyper focused on assembly line works. Many jobs nowadays don't require machinery (unless you call a laptop machinery).
Also I would argue many people choose an employer not for the machinery, but for the stability, since they usually have capital reserves and a vast pool of clients.
Becoming freelancer is open to many but can be intimidating
Like I said those people are most likely not involved in the process of creating wealth for society. They are lamprays of a larger lampray called Capitalists that attach themselves to the wealth of capital. A few of those "laptop jobs" are involved in the process of managing and organizing the jobs which actually produce wealth. It's self evident that laptop jobs mearly "facilitate" (to a nebulous degree) rather than directly create value. Imagine a society without any industrial labor and everyone has laptop jobs. How much value will society generate with nobody producing any physical commodities? Compare that to a society where 100% of the workforce is dedicated to production with no laptops in sight. Which will be more productive?
This comparison sucks. Of course some manual laborers will always be needed, but the ratio favors the 3rd and 4th economic sector at the moment. Many of the things you use in everyday life need an army of engineers, logisticians, and programmers to get the supply chain to work, but once it's set up, a small group of workers can produce the national demand for heavy duty train cars in a facility the size of a small village.
With 100% manual laborers we would have - at best - junkyard mechanics tier transportation, with zero standardizations, exchangeable parts, and safeties.
But I give you one thing, a lot of bigger companies are way to top heavy and use too many resources on micromanagement. That's why I believe a healthy competition is important.
Voluntary exchange of goods and services, capitalism like any other idea never exists in complete pure form in reality, there's only degrees of capitalism, look at this like how what we call "cold" doesn't actually exist, "cold" is just absence of heat.
So you're saying that animals have created Capitalism?
Did you skip the main theorists of capitalism, pic related
I've read Adam Smith but I don't get my biology knowledge from him. Animals do produce commodities, he's was just wrong.
Non-Human species don't exchange goods and services, the quote I posted is 100% right.
https://www.investopedia.com/terms/c/capitalism.asp
It have steam power.
Everything else already existed at the time of the Mesopotamian cities states, even making a living by borrowing money. It have been this way for all of antiquity, all of the medieval period, with concentration of wealth greater than whan we have now like in Venice or with the Eastern India compagnies.
What whanged at the industrial revolution was steam power.
Profit is the goal
when the government doesn't do things
A market economy where Owners are protected from full responsibility via a business proxy, who as an artificial construct is responsible for the actions of a company, not the actual owners of the company.
Capitalism isn't a real thing, its a meme leftists created because they are so stupid that they believe that in a free market the one that owns capital has more power. Thats plainly ignorant, in a free market what gives you power is having the most scarce factor of production, sometimes it is capital but other times its land or labor. For example a professional athlete doesn't own capital and yet he has more power than most capitalists.
You're so earnest and yet so utterly batshit crazy. Humour us and tell us where you learned all these fascinating ideas.
Capitalism is when the government does stuff (that I don't like.) Fascism is capitalism. Government bailouts are capitalism. The government giving a monopoly to a company is capitalism.
Snarl word coined and mainly used by marxists.
Not affording things while a fricking muttoid beast get to make 50 million on only fans from sex denied middle age fat bastards by just posting face photo. God I hate white people so much but their capitalism loving ones that plague the earth will never not be the most horrid whites of all.
https://www.xxlmag.com/bhad-bhabie-proof-50-million-onlyfans/
israeli control of the means of production
The freedom to produce, trade and consume any goods and services acquired without the use of force, fraud, theft or government regulation. This is embodied in the rule of law, property rights and freedom of contract, and characterized by external and internal openness of the markets, the protection of property rights and freedom of economic initiative.