this post was submitted on 21 Sep 2023
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What are you referring to when you say "capitalism"?
Are you talking about the dominant economic paradigm of the Enlightenment through to the present day, characterized by companies with private and fully transferrable ownership, named after the concept of "capital gains", embodying the distinction between land and labor and capital and entrepreneurship, and originally pioneered by the Dutch East India Company (and also the British one)?
Or are you talking about a more vague pattern of human relations that merely involves exchange between two private parties that is mediated by some sort of ruleset?