While the current state of capitalism is sort of broken (doing all kinds of evil stuff in the name of shareholder profit), doesn’t make all elements of it broken.
I’m pretty happy to be able to own personal stuff for example. Like a house. Or smaller stuff, like a phone. There also needs to be some kind of mechanism actually encouraging people to contribute to society.
Personal property and private property are important distinctions. Personal property is established and maintained autonomously through social connections, while private property is maintained thru coercive systems and institutions (an invention from capitalism).
The threat of starvation and coercive violence are the main factors incentivizing people to work under capitalism.
For more - read ANARCHY WORKS by Peter Gelderloos. Chapter: Economy, “Without wages, what is the incentive to work?” (pg. 61)
Capitalism isn’t broken, you’re right.
The misery of 90-95% if society is expected under capitalism. It’s not a sign of capitalism being broken but for it working as intended.
While the current state of capitalism is sort of broken (doing all kinds of evil stuff in the name of shareholder profit), doesn’t make all elements of it broken.
I’m pretty happy to be able to own personal stuff for example. Like a house. Or smaller stuff, like a phone. There also needs to be some kind of mechanism actually encouraging people to contribute to society.
Personal property and private property are important distinctions. Personal property is established and maintained autonomously through social connections, while private property is maintained thru coercive systems and institutions (an invention from capitalism).
The threat of starvation and coercive violence are the main factors incentivizing people to work under capitalism.
For more - read ANARCHY WORKS by Peter Gelderloos. Chapter: Economy, “Without wages, what is the incentive to work?” (pg. 61)
https://anarchy.works/primer.html#toc22
Yeah, that works so well that exactly zero countries, among 8 billion people have implemented it
Hm I wonder how that’s possible… You’re really close to understanding how imperialism, colonialism and the war machine works
Capitalism isn’t broken, you’re right. The misery of 90-95% if society is expected under capitalism. It’s not a sign of capitalism being broken but for it working as intended.