2016 Postmortem
Related: About this forumCapitalism is not small businesses.
It is amassing capital and leveraging that capital, not selling your car to open a storefront.
Sorry, Hillary, point to Bernie.
NightWatcher
(39,376 posts)rug
(82,333 posts)Its fortune is based on cheap labor, from Chinese factories to your neighbors working at Walmart.
BainsBane
(57,757 posts)Capitalism, according to Marx, is an economic system in which workers are separated from the means of production. We have lived under that system in this country for well over 100 years.
You are talking about finance, usury. That is particular sector of the capitalist economy but certainly not the only one. Many Marxist historians study labor systems, transitions from pre-capitalists to capitalist labor, for example from indigenous collective landholdings in places like Mexico to wage labor working for a large landholder. That transition in labor system shows the effects of the development of capitalism on workers lives. It is very much about the exploitation of labor.
NYCButterfinger
(755 posts)That's what I want. I don't want to be stuck in a social status all my life.
rug
(82,333 posts)because he doesn't want to be stuck in a social class his whole life.
socialist_n_TN
(11,481 posts)The rates of social mobility between economic classes is around 4%. Basically, whatever class you were born in is where you stay. 4% mobility could be explained by luck.
NYCButterfinger
(755 posts)and pay the taxes that will be given after I earn my success. That is what made America what it is. However, we have greedy plutocrats who want otherwise. Being poor all your life is not something someone should strive for.
socialist_n_TN
(11,481 posts)you don't have very much say over whether or not you stay impoverished or not. ESPECIALLY when they control the politics under the dictatorship of capital.
NYCButterfinger
(755 posts)and have a piece of the pie.
PowerToThePeople
(9,610 posts)socialist_n_TN
(11,481 posts)of the dictatorship of capital and institution a workers' democracy. And George Jefferson was a fictional character, a token that made everybody think that "movin' on up" was the way the system works. The system doesn't work that way, except on TV or in the movies. I don't analyze reality based on movies and TV.
Joe Shlabotnik
(5,604 posts)Except on TV and the movies; the opiate of people for the last 50+ years.
Damn right.
WMDemocract
(52 posts)Quips like "Capitalism is success" are wrong and useless. Capitalism has its winners and losers meaning capitalism includes failures. And unless carefully regulated, capitalism becomes a zero sum game.
NYCButterfinger
(755 posts)PowerToThePeople
(9,610 posts)JRLeft
(7,010 posts)reformist2
(9,841 posts)...stores that don't even exist anymore! They've been killed off my big box stores and predatory lenders.
redstateblues
(10,565 posts)small businesses become big businesses
rug
(82,333 posts)reformist2
(9,841 posts)socialist_n_TN
(11,481 posts)That's one of the big propaganda triumphs of the bourgeoisie, making everybody a "capitalist". My wife, whose current "job" involves crocheting and selling scarves and blankets is a supposed "capitalist" because she sells those items for more than the yarn it takes to make it. So that's "profit" to the people in this country. Of course that's not the case, but it IS the way it's presented.
reformist2
(9,841 posts)BainsBane
(57,757 posts)Capitalism is not what some people are vs. others. It is an economic system that depends on the exploitation of free-wage labor, in which workers are separated from the means of production. Your wife is not separated from the means of production, but nor does she live in her own world of feudalism or some other pre-capitalist system. She makes her way as a small business over in an era of global finance capitalism.
Marx wrote in the mid-1800s, long before the economy was characterized by global finance. As soon as an economy transitions to a predominance of free-wage labor, it is characterized as capitalist. We passed that threshold some 120-150 years ago. Capitalism is not some people vs. others but an economic/labor system.
socialist_n_TN
(11,481 posts)not even petit bourgeois. The money over and above the goods she uses to make her items is what her labor is worth to her and to the market, NOT profit. The petit bourgeoisie uses profit (surplus labor value), but doesn't usually use finance capital to finance their production.
BainsBane
(57,757 posts)Yet your point doesn't show familiarity with his writing. Capitalism is an economic system defined by the exploitation of free wage labor. It certainly does include small business people, a group Marx referred to as the petit bourgeoisie. It is not simply amassing huge amounts of capital: it is an economic system in which workers are separated from the means of production. We are all part of that system, though clearly a tiny few benefit most from it.
rug
(82,333 posts)That in turn is fueled by the exploitation of labor, which is dependent on the means of production, and consequently those who control the means of production, the capitalist class.
That is not the small business mentioned in the debate.
Classically, the petit-bourgeoisie were identified by ther relation to the means of production and those who controlled them. To wit, the judges, lawyers, high level administrators and the like.
They are not found running the pizza shop on the corner or the garage down the road.
Domino's and Midas are not them.
BainsBane
(57,757 posts)None of us are free of it. We operate in that system to some extent, whether as laborers, business owners, or CEOs of multinational firms.
They didn't talk about a "capitalist class." They talked about capitalism itself. Hillary was right that in this nation's history, government has intervened to save capitalism from itself. That is what FDR did.
A lot of Americans run small businesses. I can guarantee you that her answer played better with the majority of the public.
Also, Denmark is capitalist. All those nations Bernie admires are capitalist. They have some massive corporations there. What they have is a robust safety net, but they are not socialist economies.
rug
(82,333 posts)The person who mops the floor of the morgue is part of the hospital system but lives much differently than the surgeon.
BainsBane
(57,757 posts)https://en.wikipedia.org/wiki/Petite_bourgeoisie
rug
(82,333 posts)You should read it. The quote suggests, but does not explain, the petite-bourgeoisie's relation to the grande-borgeoise and hence, the means of production.
NYCButterfinger
(755 posts)Democrats are going to have a big problem because these nut head Republicans are going to bash this "anti-capitalism" crap next year. The wealthy needs to be taxed in this country. That is a true fact. However, don't attack the wealthy for being successful. If you work hard in this country you can make it. You don't have to be poor all your life. You work hard. Fire all the bad teachers. Make school a priority. Work hard. Build yourself up. Level the playing field, for all Americans.
rug
(82,333 posts)The best you can hope for in a capitalist system is melioration.
BainsBane
(57,757 posts)NYCButterfinger
(755 posts)Success is earned-the right way-with a community. Not with giving mediocre people success when they haven't earned nothing.
AOR
(692 posts)you should try for a guest spot. Surely a capitalist motivational speaker of such caliber would be a fine addition.
AgingAmerican
(12,958 posts)Banks, Stock markets. Capital.