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by maxmamis
1613 days ago
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it’s only “radical” from the narrow perspective of the last few hundred years of western capitalism. > Say he was a high-ranking professional or a successful entrepreneur and he used the capital he earned to buy a building - what's immoral here exactly? he’s using his capital to extract more wealth from those with fewer resources than himself. (that’s also how he accumulated the capital in the first place — but that’s another conversation.) |
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"Capitalism" is just liberty + private property. The idea of a free class of citizens has been around for millenia, and the idea of private ownership of property has been around for longer. Property owners and tenants have existed since the dawn of agrarian civilization.
The radical innovation of the last few centuries was the private, limited liability corporation, but that's not really the problem here is it?
> he’s using his capital to extract more wealth from those with fewer resources than himself.
As every living thing competing with other living things in an environment of material scarcity has done since life began.