Post by claynotmarble.bsky.social / Redsky

claynotmarble.bsky.social • Feed

There's capitalism, vulture capitalism, mercantilism,...How many of you in this thread know the difference between clean competition and predators?

aug 4, 2025, 9:17 pm • 2 0

Replies

Clean competition regularly showers, uses soap and shampoo, gets an occasional pedicure, uses anti-fungal products on their feet and crotch, and deodorant other places.

aug 5, 2025, 1:38 am • 0 0 • view

Tell you what, pick a definition and let's see how this goes.

Three definitions for capitalism: An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market; An economic system based on predominantly private (individual or corporate) investment in and ownership of the means of production, distribution, and exchange of goods and wealth; contrasted with socialism or especially communism, in which the state has the predominant role in the economy; A socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.

aug 5, 2025, 1:40 am • 0 0 • view

Number 1 & 2 seem very similar, but 2 has a statement of contrast with socialism/communism. That being said publicly financed goods and services can exist within a capitalist society.

aug 5, 2025, 1:48 am • 0 0 • view

Number 3 seems like a Libertarian type of capitalism (not sure what that would be called). Any time you see "property rights" think libertarianism.

aug 5, 2025, 1:46 am • 0 0 • view

I'd go with 'capital egoism'.

aug 5, 2025, 1:57 am • 0 0 • view