this post was submitted on 21 Sep 2023
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[–] phoenixz@lemmy.ca 1 points 1 year ago (1 children)

I'm sorry but your definition of capitalism is incorrect.

Leveraging money and power to extract resources and value without actually creation anything of value-i.e. Capitalism- is very, very bad.

Yeah, it's something that capitalism as currently is (mostly in the US) allows, but that isn't the basis of what capitalism is.

I fully agree with you that capitalism needs very strick limits to not be abusive, but it's still a hundred times better than communism, something that too many people here propose as the ~~final~~ great solution