We’re literally going to capitalize ourselves to death because of human nature.
Basically, humans trade, humans establish hierarchy, hierarchy establishes currency based on real things or favors to deal with the presence of other hierarchy and to compete, real things end up being used as it is more reliable and favor based economies get conquered, capitalism.
Human nature is malleable, it is determined by material conditions, ie the surroundings and experiences, including the economic formation of society. As society shifts in Mode of Prodiction, “Human Nature” shifts with it.
Further, Capitalism is not simply using currency to trade. It arose only a few hundred years ago. Currency existed back in feudal eras, despite predating Capitalism. Capitalism specifically arose primarily with technologies like the Steam Engine. More generally, Capitalism is more about turning a sum of money into a larger sum of money through paying wage laborers to create commodities using Capital you own, competing within a market where this is the principle aspect of the economy.
This system is relatively new, and is already being phased out in Socialist countries like the PRC.
We’re literally going to capitalize ourselves to death because of human nature.
Basically, humans trade, humans establish hierarchy, hierarchy establishes currency based on real things or favors to deal with the presence of other hierarchy and to compete, real things end up being used as it is more reliable and favor based economies get conquered, capitalism.
Human nature is malleable, it is determined by material conditions, ie the surroundings and experiences, including the economic formation of society. As society shifts in Mode of Prodiction, “Human Nature” shifts with it.
Further, Capitalism is not simply using currency to trade. It arose only a few hundred years ago. Currency existed back in feudal eras, despite predating Capitalism. Capitalism specifically arose primarily with technologies like the Steam Engine. More generally, Capitalism is more about turning a sum of money into a larger sum of money through paying wage laborers to create commodities using Capital you own, competing within a market where this is the principle aspect of the economy.
This system is relatively new, and is already being phased out in Socialist countries like the PRC.