I did define Capitalism, it’s a market based system by which Capitalists buy and sell Capital and Pay Workers wages to produce commodities.
I honestly almost suffocated. I laughed so hard I could barely breath, exactly like Risitas.
You seriously think you’ve “defined capitalism”? And to think you’re doing it in the exact way that shows I’m correct in that you’ve conflated capitalism with market economies? :DDD I can’t fucking believe this.
I’d like to keep pointing out how ridiculous this is, but I think you’re like a 14-year old yank or something and I don’t want to be that mean to kids.
Capitalism is defined by private ownership of industries and especially FOR PROFIT. (In case you were unaware, that’s what the “capital” in “capitalism” means.) FOR PROFIT*. That’s the main thing. Putting profit above everything, and being owned privately. The definition has nothing to do with “trading commodities and paying workers”. I… honestly I’m just slightly in loss of words at your stupidity.
Here in Finland our railroads aren’t private. Hell, there’s not even one single privately owned liquor store in the country. We still use market economies. Which means you are allowed to sell your time to an employer who has a private business, in exchange for money. Unlike the US though, we don’t even have a minimum wage set in the law. Why? Because our trade unions are so strong that there is a de facto minimum wage in all industries, so a de jure one isn’t even needed.