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by nashashmi 1113 days ago
An effect of the establishment and growth of communism, subsequently its counterpart emergence of capitalism, and the growing culture of excess materialism ... called wealth.
1 comments

I think you read that history book backwards.
Ok? My research on this is capitalism was never coined until Marxism was coined. Marxism is the predecessor to communism. Communism was taken up during the Bolshevik revolution. Then it was demonized.
Capitalism was happening before Marx described it as such.

And ‘wealth’ predates capitalism and mercantilism.

The term capitalism was never coined or used before Marxism. You could find ideals and concepts that were adopted by the capitalist movement such as laissez-faire. But these were independent concepts separately developed.
Technically correct, but capitalist and capital were both in use before Marx. In any case it’s certainly more correct that Marxism is a response to capitalism, rather than the inverse.
When Karl Marx wrote his book, it was in response to the aristocracy and bourgeois owning majority of the resources. He proposed resources be distributed amongst the people in service of the people or “working class” and proposed government take on this role.

Capitalism was termed and grouped together in response to Marxist philosophy because it was a threat to the aristocracy. Capitalism proposed anyone and everyone can get rich if they slave away hard enough. Yet the “capitalists” still owned much of the capital resources.

It is important to note that the normal person did not have too much opportunity in the mid 1800s. If you seen the movie the “English Game” this is evident in there. The concept of working hard and getting rich was introduced in the early 20th century. This is also about the time when schooling had become compulsory throughout the United States.