Capitalism is defined by private ownership of businesses.
There is another name for this: private ownership of the means of production.
The means of production constitute the aggregate of all material resources used to create goods and services. They comprise two main components: the instruments of labor (the tools and machinery used to work) and the subjects of labor (the raw materials and inputs worked upon).
This concept also encompasses wage labor. Under socialism, a private individual is not permitted to hire another person for employment.
However, during the Stalin era, private enterprise did, in fact, exist. These took the form of artels—small workshops, typically employing up to ten people, that manufactured light industrial goods. There were tens of thousands of such artels across the USSR. Yet, within these artels, both the workers and the managers participated on equal terms; specifically, the director of the artel was re-elected annually by the collective membership. Artels in the USSR produced items such as radio receivers, televisions, children’s toys, and similar goods.
Hey, are you a Russian communist? I happened to see your “)))” and a few references to Stalin and Moscow, as well as some good knowledge about stuff like the artels (which I hadn’t heard about until now). If so, I’d be very interested in asking you some questions if you don’t mind :)
There is another name for this: private ownership of the means of production.
The means of production constitute the aggregate of all material resources used to create goods and services. They comprise two main components: the instruments of labor (the tools and machinery used to work) and the subjects of labor (the raw materials and inputs worked upon).
This concept also encompasses wage labor. Under socialism, a private individual is not permitted to hire another person for employment.
However, during the Stalin era, private enterprise did, in fact, exist. These took the form of artels—small workshops, typically employing up to ten people, that manufactured light industrial goods. There were tens of thousands of such artels across the USSR. Yet, within these artels, both the workers and the managers participated on equal terms; specifically, the director of the artel was re-elected annually by the collective membership. Artels in the USSR produced items such as radio receivers, televisions, children’s toys, and similar goods.
Hey, are you a Russian communist? I happened to see your “)))” and a few references to Stalin and Moscow, as well as some good knowledge about stuff like the artels (which I hadn’t heard about until now). If so, I’d be very interested in asking you some questions if you don’t mind :)