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In reply to the discussion: Capitalism: what's that? [View all]NoOneMan
(4,795 posts)2. Having clamshells in your pouch doesn't make one a clamshelltalist
Capitalism is where a guy who is born rich can take his daddy's money and own part of a business he never set foot in, and continue to parasitically leach from the workers' labor while sitting on his ass, so that his children can do the same--over and over and over and over again until only a few people have all the wealth simply due to their great, great, great grand daddy's slave-owning hard "work" (but hey, we're all free now so all's fair, eh?).
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Huh? Its just the capitalism illustrated. Its private ownership of the means of production.
NoOneMan
Mar 2014
#5
What keeps capitalism going is the ability of individuals, companies, or states to acquire capital.
NuclearDem
Mar 2014
#47
That's not *the* definition. You deliberately left off all the other definitions
Starry Messenger
Mar 2014
#64
That's not true. Capitalism is distinct and different from bartering or the concept of "capital"
NoOneMan
Mar 2014
#9
Gug. I wonder if the Romans used those shiny things they called coins for that...
NoOneMan
Mar 2014
#14
Capitalism is the system that decides a non-laboring descendant of a robber baron...
NoOneMan
Mar 2014
#23
The "hard currencies" existed because there was an industrial society to back them up.
CJCRANE
Mar 2014
#18
The dollars in your wallet are not capital. Dollars concentrated in the millions are capital.
rug
Mar 2014
#38
Capitalism is the private acquisition and accumulation of the means of production.
NuclearDem
Mar 2014
#41
So...environment means the world around us...we all have world around us so
HereSince1628
Mar 2014
#75
For the billionth time, not all money is capital, and not all capital is money.
NuclearDem
Mar 2014
#82