What is capitalism?

Here’s your problem.

Capitalism is the economic system where the regime of power is linked to regime of property through the doctrine of proportionality, the regime of property is linked to the regime of capital through the doctrine of dispossession, and the regime of capital is linked to the regime of power through the doctrine of hierarchies, while the entire mechanism is pushed to expand without limit for the purpose of capital accumulation.

The more property you have the more power you yield in society. An example: one share equals one vote in all capitalist corporations. Property is taken with or without consent to be turned into productive capital.

Examples: indigenous lands, personal data. Capital is controlled only by those with power.
Examples: unelected executive hierarchies in all corporations.

Being a cancer-like economic system, capitalism cannot stop until it devours the entire organism. It needs compound growth of profit to be stable and leads to overproduction.

Vlad Buena.

Full essay: Degrowth vs. Talk nice and vague about the collapse


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