this post was submitted on 21 Sep 2024
953 points (92.0% liked)

Memes

45719 readers
1057 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Cowbee@lemmy.ml 4 points 2 months ago (1 children)

Capitalism is explicitly designed

Capitalism was never designed, it emerged from Feudalism. Capitalism was never an idea, but a result of technological advancement, just as Socialism will be from Capitalism.

Just a minor correction, the rest of your comment is broadly correct.

If we're being technical, it resulted more directly from mercantilism than feudalism.