Re:'Doomscrolling' breeds anxiety – how to stop the cycle
by dragonwriter on Monday July 20, 2020 @11:58AM
(#23899094)
> The term “capitalist” was not coined by critics of capitalism
The term “capitalist” for people who control capital was not, the term “capitalism” for a politicoeconomic system (from which comes “capitalist” in its other sense of an advocate/defender of that system, or, as an adjective, pertaining to that systemas, opposed to labelling a particular economic class) was.
> It is, of course, logically invalid to claim that because slavery was practiced in countries that happened to be capitalist, that slavery is capitalist.
It would.be, but that's not the argument. Early modern chattel slavery evolved alongside capitalism, was imposed exclusively by capitalist powers, and reflects the apotheosis of the capitalist commodification of labor from the mutualism of feudal relations, even beyond wage-labor, and the evolution beyond capitalism in the direction, if not by the means, advocated by critics like Marx that led to the modern mixed economy displacing the system for which “capitalism” was coined began with abolition of slavery.
Early modern chattel slavery (not slavery more generally, such as feudal or ancient patriarchal slavery, including serfdom) was a distinctly and exclusively capitalist institution.
The term “capitalist” for people who control capital was not, the term “capitalism” for a politicoeconomic system (from which comes “capitalist” in its other sense of an advocate/defender of that system, or, as an adjective, pertaining to that systemas, opposed to labelling a particular economic class) was.
> It is, of course, logically invalid to claim that because slavery was practiced in countries that happened to be capitalist, that slavery is capitalist.
It would.be, but that's not the argument. Early modern chattel slavery evolved alongside capitalism, was imposed exclusively by capitalist powers, and reflects the apotheosis of the capitalist commodification of labor from the mutualism of feudal relations, even beyond wage-labor, and the evolution beyond capitalism in the direction, if not by the means, advocated by critics like Marx that led to the modern mixed economy displacing the system for which “capitalism” was coined began with abolition of slavery.
Early modern chattel slavery (not slavery more generally, such as feudal or ancient patriarchal slavery, including serfdom) was a distinctly and exclusively capitalist institution.