It’s not really capitalism without the involvement of capital, is it? It’s more akin to a trade-and-barter-economy/society, where everyone involved should have a high level of faith in others
Sorry if it wasn’t clear, but money != Capital, not necessarily. You can have money to exchange for goods, but as long as your money doesn’t auto-accumulate via interest, dividends etc, you don’t necessarily have capital. Of course this is mainly a discussion on definitions then
It’s not really capitalism without the involvement of capital, is it? It’s more akin to a trade-and-barter-economy/society, where everyone involved should have a high level of faith in others
How do you think Kevin paid for the truck? With pizzas?
Sorry if it wasn’t clear, but money != Capital, not necessarily. You can have money to exchange for goods, but as long as your money doesn’t auto-accumulate via interest, dividends etc, you don’t necessarily have capital. Of course this is mainly a discussion on definitions then
I’m pretty sure they were referring to From each according to his ability, to each according to his needs which most definitely is not capitalism lol, it’s a joke
TIL, thx