No, a market using currency does not make it capitalist. Capitalism is the free market. Capitalism is the economic ideology of private markets. Capitalism is the labor ideology of private ownership of the means of production. That one person can own a hundred factories and be entitled to the fruits of labor of those factories.
A country is more capitalist the less government control of its free market. It is more capitalist the more privatized its industries are. It is more socialist the greater the government control of its markets are, and the more nationalized its industries are.
Communist nations still use currency. Currency, or capital, has existed long before capitalism came into existence.
If you want to know more there are plenty of freely available resources online that explain it in much grater detail than I will here.
What do you mean long winding diatribes? Or did you just say that cause you think it makes you sound smart lol. You’re failing to understand the difference between money and capitalism. Markets predate capitalism. Money predates capitalism. Capitalism is an ideology.
It’s the way you used the sentence in reference to my description of capitalism. It was 2 paragraphs, a very short explanation of a socio-economic ideology.
You’ve just shown yourself to have no idea what you’re talking about. I’m not going to teach you what capitalism is. You can do that yourself.
You never even actually engaged with anything I said. Just tried to say that capitalism is good because some nations with market economies are less shitty than other ones, failed to understand what capitalism itself actually is, and refused to learn. There’s no winner or loser in this discussion. You’re just wrong about capitalism. You do not understand what it is. It’s not a matter of winning, it’s a matter of you trying to engage in discussions about subjects that affect hundreds of millions of lives without even actually understanding what you are talking about. It’s okay for you to not understand or know something, but don’t act like you’re an expert at something you know nothing about. There are loads of resources online. If you want to talk about capitalism and the free market do yourself the service of learning what those things are.
That’s the definition of capitalism.
No, a market using currency does not make it capitalist. Capitalism is the free market. Capitalism is the economic ideology of private markets. Capitalism is the labor ideology of private ownership of the means of production. That one person can own a hundred factories and be entitled to the fruits of labor of those factories.
A country is more capitalist the less government control of its free market. It is more capitalist the more privatized its industries are. It is more socialist the greater the government control of its markets are, and the more nationalized its industries are.
Communist nations still use currency. Currency, or capital, has existed long before capitalism came into existence.
If you want to know more there are plenty of freely available resources online that explain it in much grater detail than I will here.
Of CAPITAL markets, no need of long winding diatribes.
Communism aspires to a cashless society.
What do you mean long winding diatribes? Or did you just say that cause you think it makes you sound smart lol. You’re failing to understand the difference between money and capitalism. Markets predate capitalism. Money predates capitalism. Capitalism is an ideology.
Literally Google and read for five minutes.
Sound smart? What word you don’t know? I can explain it to you.
It’s the way you used the sentence in reference to my description of capitalism. It was 2 paragraphs, a very short explanation of a socio-economic ideology.
You’ve just shown yourself to have no idea what you’re talking about. I’m not going to teach you what capitalism is. You can do that yourself.
Nice to see that some things are just the same as on Reddit.
You never even actually engaged with anything I said. Just tried to say that capitalism is good because some nations with market economies are less shitty than other ones, failed to understand what capitalism itself actually is, and refused to learn. There’s no winner or loser in this discussion. You’re just wrong about capitalism. You do not understand what it is. It’s not a matter of winning, it’s a matter of you trying to engage in discussions about subjects that affect hundreds of millions of lives without even actually understanding what you are talking about. It’s okay for you to not understand or know something, but don’t act like you’re an expert at something you know nothing about. There are loads of resources online. If you want to talk about capitalism and the free market do yourself the service of learning what those things are.
Work on your reading comprehension. I didn’t say capitalism is good.