• J Lou@mastodon.social
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    8 months ago

    Markets ≠ capitalism

    Even an idealized capitalist market economy found in economic models violates workers’ inalienable rights. The only way to fix that problem is Economic Democracy where all firms are structured as democratic worker coops @lemmyshitpost

    • aidan@lemmy.world
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      8 months ago

      Capitalism doesn’t have a founder, it has no one to write what it’s core tennants are. So yeah of course you can redefine it to be whatever you want and I could do the same. That’s why it’s more useful to be more precise, which is why I said it’s not a free market, which I suspect you also oppose. But again, no country is anywhere near a free market, just as no country was anywhere near Marx’s communism.

      • J Lou@mastodon.social
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        8 months ago

        I am not redefining Capitalism. I am defining it the way capitalists do. Even in the idealized economic models of fully free market capitalism, capitalism is still wrong. Fully free market capitalism would still inherently violates workers’ inalienable rights.

        Depends on what is meant by a free market.

        Marx’s communism is not the only alternative to capitalism. There are market-based alternatives to capitalism as well