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
Poll
Poll: Who should be the next supreme court judge?
Amy Coney Barrett
Barbara Lagoa
Allison Jones Rushing
It should be determined after the election
Category: Elections Public vote count: 1109 Register free account for verified stats
Barbara Lagoa
Allison Jones Rushing
It should be determined after the election
Category: Elections Public vote count: 1109 Register free account for verified stats
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Should higher education be tuition free?
Generations after generations have been chasing the same American dream for hundreds of years. The notion of having a big house, a nice yard, couple of cars and good paying job seem to be a fairly tale these days. Colleges and Universities have made it impossible to pay for higher education with savings or out of our pocket money. These days stu..... Read full article