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- May 20, 2006
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I'm not talking about mere ownership of land, I'm talking about the fundamental principal of capitalism, private ownership of means of production/resources. Not just the land...the water, and thus...the fish in it. Not just the land but the trees and thus, then fruit they bear. Not just the land, but the oil contained in it. Capitalism necessitates the procurement of these things for profit:
Not sure if you've seen that flick but the land they're discussing had oil. The bank tried to claim it with essentially no payment so they could sell it to the oil company and profit. What stood in their way? An average family owning it. That didnt stop them. It never stops them.
Capitalism isnt the mere pursuit of profit. Its ownership, and the atrocities done to cement it. Who arbitrates need? That's where democracy comes in, democracy uncorrupted by capital.
I don’t think you realize the difference between a naturally occurring system and the conglomeration of resources and assets. Yes, what you described is capitalism but it’s not THE definition of capitalism. All resources will be worked in the world regardless of affiliation. Sure, capitalism speeds this up but you can thank all your modern conveniences to it.
What I mean by capitalism is small ‘c’ if you wanna call it that, not large ‘C’. Capitalism can be as easily applied to a farmer trying to provide not just for himself but his generational offspring.
Edited to just throw here: does communism not produce the same inherent hierarchies of abuse waste and neglect? If there’s a fairer game to. E played in all for it, don’t take me wrong.