• Corkyskog@sh.itjust.works
    0·
    1 year ago

    I 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.

      • Platomus@lemm.ee
        1·
        1 year ago

        Capitalism is an economic system with as little government intervention possible.

        Doesn’t the bolded part make it a political system then?

          • Platomus@lemm.ee
            0·
            1 year ago

            Lobbiest that work for companies do that constantly because of Capitalism. It’s an entire field of work.

              • MrMonkey@lemm.ee
                1·
                1 year ago

                fascist capitalist systems

                Pedantic man to the rescue! Fascism was a “third way” from “capitalism” and “communism”. Fascism means state control (if not ownership) of “the means of production”.

      • viliam@feddit.ch
        11·
        1 year ago

        Government intervention goes the other way: capitalists like intervening into government.