Not really. Capitalism allows anyone to buy and sell Capital, whereas these more primitive exchanges aren’t the same. The Bourgeoisie are fundamentally different from the Aristocracy.
That’s pretty fair. It may feel impossible for me today to afford any capital, but if I were somehow able to accumulate enough money I would be legally allowed to own capital. Under monarchy, even if I got that much money, it would be illegal for me to purchase capital as an individual. That’s enough of a distinction to make them different for me, thanks for bringing it up.
Yep, that’s the idea! Functionally, Capitalism is more revolutionary and progressive than Feudalism, which is why it’s a good thing that Feudalism is fading and Capitalism is the status quo, just like it will also be a good thing when Capitalism is fading and Socialism becomes the status quo.
Not really. Capitalism allows anyone to buy and sell Capital, whereas these more primitive exchanges aren’t the same. The Bourgeoisie are fundamentally different from the Aristocracy.
That’s pretty fair. It may feel impossible for me today to afford any capital, but if I were somehow able to accumulate enough money I would be legally allowed to own capital. Under monarchy, even if I got that much money, it would be illegal for me to purchase capital as an individual. That’s enough of a distinction to make them different for me, thanks for bringing it up.
Yep, that’s the idea! Functionally, Capitalism is more revolutionary and progressive than Feudalism, which is why it’s a good thing that Feudalism is fading and Capitalism is the status quo, just like it will also be a good thing when Capitalism is fading and Socialism becomes the status quo.