its_a_mitCapitalism is nothing but a giant pyramid scheme.
I’d say it’s more like disguised feudalism. We’re all peasants for the few kings and queens that have all the money at the top.
CorkyskogI don’t think people actually agree on the definition of capitalism itself, I just looked it up and was a little surprised how definitive it is:
an economic and political system in which a country’s trade and industry are controlled by private owners for profit.
If you asked whether capitalism is a political system, at least in my random polling, 2 out of 9 respondents said No.
EhListThat is because it is not a political system. It does not describe where legitimacy is derived from nor how the government should be structured.
Capitalism is an economic system with as little government intervention possible.
Capitalism is an economic system with as little government intervention possible.
Doesn’t the bolded part make it a political system then?
I’d say no. It doesn’t really describe how a political system works other than commenting on the regulation part.
Same as any other economic political system.
It is one policy of a larger system.
What do you mean by one policy?
Capitalism influences many areas of government directly.
It’s not just economics. It’s foreign policy, company regulations, individual protections, land ownership rights, etc. It’s an ongoing list. Even cultural rights are directly impacted by Capitalism.
It is one policy of a larger system.
Right, it’s an economic system that directly influences many parts of government.