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!

  • J Lou@mastodon.social
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    1 year ago

    Not defining the term. I am using the term how it is used. I hate to appeal to wikipedia, but they include wage labor in capitalism’s central characteristics.
    Happy to call economic democracy a variant of capitalism depending on the audience. It is odd tho with labor having a special role.
    The difference from capitalism is the right to worker coop is inalienable in economic democracy, so working in a firm automatically grants control rights.
    I am not a socialist, so cannot comment there