Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
Capitalism is just a continuation of the feudal system. Great for owners / gentry, bad for serfs /workers. Labor creates all value, and should be rewarded as such.
I agree that capitalism is great* for owners and bad* for workers, but it is definitely not feudalism. Marx literally wrote that feudalism and capitalism are different modes of production.
They’re different modes of production, however the bourgeoisie intentionally transitioned to capitalism so they could maintain their power. It got a little watered down and theoretically allowed for economic mobility, but that was a sacrifice they were ok with