• Zyansheep@vlemmy.net
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    1 year ago

    Based on your definition of what it means to be “anti-capitalist” vs “anti-market” I think there may be a difference between the definitions of capitalism we are working under. Could you give me your definition of capitalism?

    While I do understand that non democratically accountable forms of economic activity may harmful or explotative in many situations, I do also see the argument for private ownership of “the means of production”, in so far as it can be beneficial to the overall effectiveness and efficiency of production and innovation. I don’t think anyone can scientifically or even philosophically completely justify one economic system over the other, and that so far, a mix of the two has been what most countries have settled on.

    Capitalism means that we vote with our dollar and when those with capital have more votes and those without, they control policy generation and governance.

    One last thing I’d like to point out, while in capitalism, the collective choices of those with money decide what products are made and services provided, this decision power doesn’t (and shouldn’t!) in well-functioning democracies extend to the government. I do understand the concern of large accumulations of wealth causing large imbalances of power which then affects government policy, and I believe this is a major problem (especially generational wealth). But I do not believe it is one that cannot be prevented and protected against, nor do I believe it is a defining property of “capitalism”.