Personal property and private property are important distinctions. Personal property is established and maintained autonomously through social connections, while private property is maintained thru coercive systems and institutions (an invention from capitalism).
The threat of starvation and coercive violence are the main factors incentivizing people to work under capitalism.
For more - read ANARCHY WORKS by Peter Gelderloos. Chapter: Economy, “Without wages, what is the incentive to work?” (pg. 61)
Capitalism isn’t broken, you’re right.
The misery of 90-95% if society is expected under capitalism. It’s not a sign of capitalism being broken but for it working as intended.
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Personal property and private property are important distinctions. Personal property is established and maintained autonomously through social connections, while private property is maintained thru coercive systems and institutions (an invention from capitalism).
The threat of starvation and coercive violence are the main factors incentivizing people to work under capitalism.
For more - read ANARCHY WORKS by Peter Gelderloos. Chapter: Economy, “Without wages, what is the incentive to work?” (pg. 61)
https://anarchy.works/primer.html#toc22
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Hm I wonder how that’s possible… You’re really close to understanding how imperialism, colonialism and the war machine works
Capitalism isn’t broken, you’re right. The misery of 90-95% if society is expected under capitalism. It’s not a sign of capitalism being broken but for it working as intended.