I’m actually a little upset he called you a tankie before he called me a tankie. If he’s gonna call anyone a tankie it should be me. Am I not being radical enough?
They’re right though. Freely trading goods and services is commerce, and an economy based on commerce is a market economy.
Capitalism is specifically a market economy where the means of production are owned privately by an investor class, who increase their wealth exclusively by “profit”: a discrepancy between the value the workers in a company contribute, and the compensation paid to those workers (Price- Cost [including wages] = Profit).
There are non-capitalist market economy models. Like market socialism, in which economic production is still generated by private companies in a free market, but those companies are owned by the workers themselves rather than by non-employee shareholders.
You are conflating commerce with capitalism. They aren’t the same things.
F u tanky moron. Extremists are always bad Left wing as much as extreme capitalism.
I’m not a tanky.
You’re still conflating capitalism and commerce.
He called me a Tankie in another thread. He doesn’t know what it means.
Fair enough.
I’m still laughing that pinkdrunkard thought you were a conservative shill.
I’m actually a little upset he called you a tankie before he called me a tankie. If he’s gonna call anyone a tankie it should be me. Am I not being radical enough?
You’re just not tankie enough I guess.
They’re right though. Freely trading goods and services is commerce, and an economy based on commerce is a market economy.
Capitalism is specifically a market economy where the means of production are owned privately by an investor class, who increase their wealth exclusively by “profit”: a discrepancy between the value the workers in a company contribute, and the compensation paid to those workers (Price- Cost [including wages] = Profit).
There are non-capitalist market economy models. Like market socialism, in which economic production is still generated by private companies in a free market, but those companies are owned by the workers themselves rather than by non-employee shareholders.