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!

  • jerry@lemmy.world
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    1 year ago

    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.

    • Veraticus@lib.lgbt
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      1 year ago

      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.

      • rockSlayer@lemmy.world
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        1 year ago

        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