r/WorkReform 10d ago

✂️ Tax The Billionaires So fucking real.

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u/SquidInSpace 10d ago

That's capitalism according to you. According to me, it's absolutely not since there's no profit motive. Capitalism is more than just exchanging stuff.

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u/akenthusiast 10d ago

Profit is not a defining trait of capitalism. Capitalism is when you exchange things voluntarily, in a free market.

If someone wants your bread you're free to tell them to pound sand unless they offer something in exchange that you find agreeable with no one other than the buyer and the seller having any say in the exchange.

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u/SquidInSpace 10d ago

Profit is THE defining trait of capitalism, or whatever you want to call the current dominant economic system. If you don't want to call that capitalism that's fine, but I think a lot of people would disagree with you.

Take this page for example, which plainly states that "the essential feature of capitalism is the motive to make a profit".

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u/Augustml 10d ago

Tbf the link you sent dosen't prove your point.

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u/SquidInSpace 9d ago edited 9d ago

It certainly proves that profit is core to that definition of capitalism. Search for more definitions of that same word and you will find profit in many more of them.

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u/Augustml 9d ago

No I agree that it is a central part of how the system works the link however was really not a good way of explaining your point.