In your perspective, do you consider using a tool like a stone to crack a nut equivalent to the ongoing accumulation of capital to enhance productivity?
Discussion
I was not using the fisherman to explain what capitalism is, you did.
Marmots for sure accumulate nuts. No doubt about it. Would that accumulation enhance productivity? Well yes cause they have food that they can use in periods where there is not much around. So yes. They are capitalists in your definition.
Accumulation of capital to enhance productivity.
Also this is a super vague definition which is not exclusive to capitalism. Managing capital is banned in communism. Is just the way that the leading class uses the force class which is sort of enslaving.
Are you not part of the working class?
Are you a capital owner and earn your capital on the job other people do?
Storing consumer goods for challenging times is essentially a form of saving, while increasing productivity entails becoming more efficient in your actions. Having more nuts for difficult times doesn't make you more efficient at amassing even more nuts. You are confused.
The only element missing from my previous explanation of the essence of capitalism is the concept of private ownership of the means of production.
However, I forgot that it’s useless to discuss you. Just a waste of time. You insult people just for having different opinion. I wish you well in your commitment to communism.
Good night
You are totally wrong. Amassing nuts makes someone better at grabbing nuts cause it can eat. My confused commie friend. No worry, now if instead of capitalism I imagine you talking about communism it all works. You are a poor American soul confused to the bones
Eating nuts makes you better at collecting more nuts? It's no wonder that some individuals with communist perspectives might not fully grasp the concepts of increased efficiency and productivity.
Yeah cause the only smart people is this world is you and Heyek, fuck off !!!
If you don’t eat you die, how does eating not improve your efficiency??? YOU ARE WHAT YOU EAT, so yes. Eating more and better make you more efficient. No wonder some capitalist asshole just want to pretend be smarter than other to be able to live on other people efforts like our fantastic StacksSats, which is a good parasite, holding capital and just hoping other peoples ideas and labor make him richer!! 🤣
Damn capitalist assholes
Instead of holding, investing in businesses and earn from other people jobs have you ever considered working? Cause actually is not good allocation of investments which makes the world a better place. Increased efficiency which is just a basic natural process, nothing to do with capitaltuckingism, its called evolution, and better products makes the world a better place. For sure not some wonnabe smart ass like you pretending he is a good investor, you shall get your ass on to something instead of puking bullshit about comrades..
Capitalism is a system in which bank play a central role as well as financial institutions. Capitalism without banks is not capitalism as it is based on debts and loans. You cannot have capitalism without banks, how would that work? If someone collects stuff, with which he does his own job, you would call it capitalism, I would call it communism. The difference is that in capitalism an entity can own the means of production and pay a salary to people in order to make them work. In communism this cannot work, the idea is to create small entities (Soviet) which democratically manage the community on the edge, not in the central government as in capitalism. Capitalism without a central bank is still capitalism, where few people can own so much capital that they provide means for productions for people they hire for a misery salary
Banks, central banks, and similar centralized institutions are not inherent to capitalism. In fact, central banks that centrally manage the cost of capital run counter to the principles of capitalism, where prices are determined by the forces of supply and demand.
Confused soul you are.
I start thinking you are more communist than me
If everyone owns everything, noone cares about anything.
If land is not owned by anybody, although legal formalism may call it public property, it is utilized without any regard to the disadvantages resulting.
Those who are in a position to appropriate to themselves the returns-lumber and game of the forests, fish of the water areas, and mineral deposits of the subsoil—do not bother about the later effects of their mode of exploitation. For them the erosion of the soil, the depletion of the exhaustible resources and other impairments of the future utilization are external costs not entering into their calculation of input and output. They cut down the trees without any regard for fresh shoots or reforestation. In hunting and fishing, they do not shrink from methods preventing the repopulation of the hunting and fishing grounds. In the early days of human civilization, when soil of a quality not inferior to that of the utilized pieces was still abundant, people did not find any fault with such predatory methods.
When their effects appeared in a decrease in the net returns, the ploughman abandoned his farm and moved to another place. It was only when a country was more densely settled and unoccupied first-class land was no longer available for appropriation, that people began to consider such predatory methods wasteful. At that time they consolidated the institution of private property in land. They started with arable land and then, step by step, included pastures, forests, and fisheries.