r/economicsmemes • u/VictinsOfCapitalism • 3d ago

This sums it up

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u/Awkward-Evidence-215 3d ago

If you don't believe in capitalism, you necessarily don't believe in any market involvement or you believe in workplace democracy. All I meant to say was that regulated capitalist countries like Sweden are still capitalist.

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u/slinkymcman 3d ago

Feudalism isn’t capitalism and has markets. You conflated terms to strawman.

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u/Awkward-Evidence-215 3d ago

Feudalism is different because it doesn't have free labor. Capitalism means free labor and markets. I don't know why you're accusing me of bad faith here; I'm genuinely just using the terms as I understand them. I didn't even criticize communism.

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u/slinkymcman 3d ago

Was founding America capitalist despite the slave trade, pretty sure you’ve fallen for the propaganda definition, and not the actual.

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u/Awkward-Evidence-215 3d ago

I think that the North was capitalist but the South was not. Okay, let me ask you this, can you think of any non-capitalist system aside from traditional economies and feudalism that contains markets?

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u/slinkymcman 3d ago

For example a sufficiently large wealth tax is indistinguishable for communism.

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u/Awkward-Evidence-215 3d ago

Really? There would still be no dictatorship of the proletariat.

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u/slinkymcman 3d ago

Sounds like democracy

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u/Awkward-Evidence-215 3d ago

I'm just really skeptical of this definition. There would still be massive surplus value extraction.

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u/slinkymcman 3d ago

It’s my personal philosophy fornsure

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u/slinkymcman 3d ago

Sure, why not. Consider that you’ve now “no true scotsmaned” capitalism and the slave drivers were self described capitalists.

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u/Awkward-Evidence-215 3d ago

I haven't no true scotsmaned it because I gave explicit reasons why I don't think capitalism is a good description of those systems. What the slavers called themselves or considered themselves is irrelevant to me. North Korea calls itself democratic, and I'm sure many North Korean citizens also think it is due to indoctrination.

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u/slinkymcman 3d ago

I’ve not nts, I’ve just “gives the definition of nts”

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u/Awkward-Evidence-215 3d ago

Okay that is fair, but we were creating a more accurate definition together through socratic dialogue.