Conversation with an anarchist
You: mind blown huh?
Stranger: you're literally a textbook example of dunning-kruger effect
You: people think that capitalism equals investment because the word capital. but capitalism only means that you get to keep what you earn
Stranger: so you don't know what capitalism is either
Stranger: amazing
Stranger: Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.[1][2][3][4] Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor.[5][6] In a capitalist market economy, decision-making and investments are determined by owners of wealth, property, ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.[7]
You: I know what capitalism is you are the one who is been misguided. of course you believe in anarchy so that is a giving. I am just telling you stuff so when you grow older you will remember this conversation
You: private ownership of the means of production and their operation for profit = you get to keep what you earn
Stranger: you can get to keep what you earn in other systems
Stranger: that doesn't make them capitalist
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