What Is Capitalism, When Did It Start, Or Is It Natural?
Saw a college chick that was a big proponent of "smashing capitalism" and installing a marxist/communist system. It got me thinking why do people hate capitalism? First thing that's interesting is that people don't know what capitalism is. Discuss what it is, as it seems to be hotly debated on its beginning, etc. To start, the Wikipedia page is wrong on the definition of capitalism. It describes it through the lens of Marxism and calls it an economic system. Capitalism more so resembles a social system based on individual rights. The economic system under capitalism that advocates for private industry and production, would be the free market economy. Adam Smith described capitalism using the emergence of the division of labor: "Every man thus lives by exchanging, or becomes in some measure a merchant, and the society itself grows to be what is properly a commercial society. " The people who understand the practicality of life, know they must develop some ability to produce something that may lead to a valuable and exchangeable surplus that can be traded on the market. Capitalism is social and natural while the economic system must be reflected in the private and individual institutions that allow for the free exchange of goods. Why do people hate capitalism?
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by Barney_Stinson003
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Congratulations on capitalism guys 🎉
For those who don't know. BlackRock controls the world. They own major holdings in apple, McD, alphabet and everything. They control the US government. For more information you can watch YT video of channel "Aperture" just search blackrock aperture. If this deal is finalised we're completely in control of capitalism, this Larry guy also met our PM. Meanwhile other people are busy bringing back our culture based on false promises of our leaders this guy will control our lives too. Idk why people in our country are ignorant or just fools to not think about capitalism and all. We're idolizing capitalists like Narayan Murthy, his son in law is working on his behalf to get him best UK govt tenders, I don't want to say anything about Ratan Tata, warna kafi log offend ho jayenge shayad phone me ghus ke mare mujhe. Adani airports le gaya, reliance will control banking system now. Kya hora hai bhai log? Is it allowed to say that I am scared to live here and want to move somewhere like Norway, Denmark, Netherlands?
India Business News: Larry Fink, the world's largest asset manager with over $9 trillion in assets, recently undertook a brief visit to Indi...
https://m.timesofindia.com/business/india-business/blackrock-ceo-larry-fink-worlds-biggest-money-manager-with-over-9-tn-in-assets-flies-to-india-to-meet-mukesh-ambani/amp_articleshow/104672702.cms