Ehh, everyone likes to think that markets are a feature of capitalism, when they naturally occur everywhere since the first shiny rock was traded for a berry.
See, this reverse position isn’t really true either. Markets are extremely complex things which are only really created and sustained by state authority - namely, by contract enforcement. No contract enforcement, no market. Without a central mediator (state authority) for contract enforcement, what results is generally either an attempt to minimize moral hazard by personal relationships - thus gift economies and customary economies of various sorts (especially clientistic systems) - or simple ‘might-makes-right’ tribute systems of unequal exchange.
now hold on i’m working on a cult and currently the cause of all suffering in the world is my little brother dave. i was going to blame popes or maybe cholesterol but dave is just so much more fun for a cult. tell me why i should blame this “capitalism”
i asked him if he wanted to be the cause of all suffering and he was honored, so there’s that.
Lemmy has taught me that the problem with this is capitalism.
Ehh, everyone likes to think that markets are a feature of capitalism, when they naturally occur everywhere since the first shiny rock was traded for a berry.
See, this reverse position isn’t really true either. Markets are extremely complex things which are only really created and sustained by state authority - namely, by contract enforcement. No contract enforcement, no market. Without a central mediator (state authority) for contract enforcement, what results is generally either an attempt to minimize moral hazard by personal relationships - thus gift economies and customary economies of various sorts (especially clientistic systems) - or simple ‘might-makes-right’ tribute systems of unequal exchange.
Nonono, you see, anything involving money is capitalism and capitalism is bad and is the cause for all suffering in the world. I’m on Lemmy.
now hold on i’m working on a cult and currently the cause of all suffering in the world is my little brother dave. i was going to blame popes or maybe cholesterol but dave is just so much more fun for a cult. tell me why i should blame this “capitalism”
i asked him if he wanted to be the cause of all suffering and he was honored, so there’s that.