News for hackers. Stuff that matters.
Re:GPT-4 Details Leaked by immibis on Tuesday July 11, 2023 @10:36AM (#36681580)
Capitalism is not free trade between two parties. That's free market. Capitalism is control by capital.
Re:GPT-4 Details Leaked by Xeoncross on Tuesday July 11, 2023 @11:06AM (#36682060)
There is no free market without Capitalism. Capitalism is where the private citizens controls the capital. Not the government.

It's not possible to have a free market without competitive markets, price systems, private property, property rights recognition, and voluntary exchange.

Re:GPT-4 Details Leaked by KingMob on Tuesday July 11, 2023 @01:14PM (#36684040)
??? Bazaars existed for millennia before capitalism arose.

> Capitalism is where the private citizens controls the capital.

Well, that's a tautology, but based on the examples you cite in the next sentence, you're mixing up "property" with "capital". Capital is specifically the means of production. All capital is property, but not all property is capital. A factory filled with machinery is capital; your toothbrush isn't.

> It's not possible to have a free market without competitive markets, price systems, private property, property rights recognition, and voluntary exchange.

Most of these predate capitalism.

Re:GPT-4 Details Leaked by stOneskull on Tuesday July 11, 2023 @04:48PM (#36687010)
the word predates karl marx but he made it popular, and the meaning usually is referring to his use. i think it's great there are a million writers with different ideas and i wish marxists would read more of them instead of more of him and his other cult members. they should try and write a manifesto too. it's easy. write two. then three works of fiction each with a different utopia.