Capitalism is the default setting.
do NOTHING...and capitalism appears by itself
all other types of economy require force to implement.
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Capitalism is the default setting.
do NOTHING...and capitalism appears by itself
all other types of economy require force to implement.
Absolutely...it's a result, like democracy. The market is a mechanism, not a plan.
Funny you should mention Democracy, since that ends in Tyranny also (according to Plato). Mob rule ensures the eventual bankruptcy of any Democratic Republic, resulting in Tyranny.
https://en.wikipedia.org/wiki/Plato's_five_regimes
Funny you should mention that! Didn't someone write "give people the power to appropriate to themselves other people's money..."
I suppose banks have nothing to do with capitalism? Do banks appear by themselves?
Bartering is the natural economy that "appears by itself." Once you abstract money, you are following a plan; a plan that includes banks, foreign exchange, futures and commodity pricing.
Capitalism requires banking and some form of money, minimum. That's already inorganic. Those two are enough to begin a cycle of debt based fractional lending, industrial revolution and world war. It may be a mechanism but it is a mechanism employed by people with a very definite plan.
Capitalism requires banking
You're writing that on the blockchain?