Capitalism is a Mode of Production by which the Means of Production are bought, sold, and traded among individuals. This results in Capitalists, ie owners of Capital, and Workers, those who Capitalists employ to create Value using said Means of Production.
And what’s the problem with owning, buying and selling things? We’ve been doing that for millennia. Obviously, unregulated American style capitalism is very broken, but there are better ways to do business. It’s just that those ways are not that appealing to the greedy.
Capitalism is a Mode of Production by which the Means of Production are bought, sold, and traded among individuals. This results in Capitalists, ie owners of Capital, and Workers, those who Capitalists employ to create Value using said Means of Production.
And what’s the problem with owning, buying and selling things? We’ve been doing that for millennia. Obviously, unregulated American style capitalism is very broken, but there are better ways to do business. It’s just that those ways are not that appealing to the greedy.
Markets aren’t Capitalism, Capitalism has only been around for a few hundred years.