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Joined 1 year ago
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Cake day: July 20th, 2023

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  • The mechanistic reasoning might be plausible, but is there any actual examples of a modern capitalist society regressing back to some form of feudalism to any significant degree?

    The point where I’d be worried is when a single company is the majority of a country’s GDP or has complete control over the government. The only examples I can think of that even get close to these possibilities are South Korea’s Chaebols or Hong Kong’s corporate voting block.



  • So you are defining an ambiguous term in order to better criticise it? That makes sense, but it might not convince people who have different definitions 🤔

    Like I for example would consider a Co-Op where the employees own the company / have voting power over how its run to be a part of a capitalist system, hell, I’d even consider someone who makes a living as an artist where they own all their tools to be a part of a capitalist system… although I suppose that could also be considered socialist to some degree because the artist “owns” the means of production?

    These definitions are kind of difficult to use…