Economic system based on private ownership
Ratings
7
as a member of the bourgeoisie, capitalism is and always has been working as designed :)
Just Godawful all around.
Ruined my fucking childhood.
pretty much working tbh
7 ratings
Facets
1
Subclasses
1
Lists
0
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. It is characterized by private property, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience a business cycle of...
I think most anti-capitalists, while correctly identifying problems in society resulting from capitalism, either fail to address how their desired alternative would actually fix said problems, or have a desired alternative with problems that vastly outweigh those of capitalism.