Replying to Lucky Kite

Capital by definition is the difference in power over others. Capitalism is the creation of that power. Freedom tech that profiteers is a contradiction. If freedom requires gatekeepers asking for money its not freedom. A nostr obsessed with zaps and money will undermine the gains nostr could make to create greater freedoms. Rich people never gave people more freedom. Thats why they are rich.
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sumjo 2y ago 💬 3

"By definition"...

Capital - Any form of wealth employed or capable of being employed in the production of more wealth.

Capitalism - An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market.

"If freedom requires gatekeepers asking for money its not freedom."

Not sure who the "gatekeeper" would be here but if you're saying that you're entitled the output of someone else's labor that's "by definition" slavery.

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Lucky Kite 2y ago

Capitalists keep the profits of other peoples labour. Producing wealth for themselves only. They use that wealth to buy land , resources and power for an indefinite period. To control others and pay them less and less over time for their labour. And yes I agree that is slavery. Capitalism has created a wealthy elite who own (steal) and control all the worlds resources and labour and keep the profits for themselves. Almost any and every major US corporation can be an example of this grotesque failure and inequality created by capitalism in every place on earth. Most countries in the world are capitalists yet the majority of worlds nations have people living on less than 10 dollars a day. Capitalist ideologues seeking to protect their wealth and power indefinitely have destroyed caused great suffering, destroyed ideas, sharing, people, culture and the planet. And not even a few exceptions exist.

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sumjo 2y ago

I'm a capitalist and I don't do those things. I interact with others voluntarily and without coersion. With pure (anarcho) capitilism there wouldn't even be corporations since they are just legal entities. Any individual could only own what they and their community could physically defend.

Anyway, even the crony capitalism of which you speak has brought more wealth to the average person than collectivism ever will. Without it the device you're typing on probably wouldn't exist and you certainly wouldn't own one.

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Lucky Kite 2y ago

Anarcho capitalism is contradiction. It doesn't exist. You can either be an anarchist or capitalist but not both.