I keep hearing the term in political discourse, and rather than googling it, I’m asking the people who know better than Google.

  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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    3 days ago

    You seem to be missing the fundamental definition. Capitalism is a system where a class of owners exploits those who must sell their labor. A capitalist is a factory owner or a landlord who profits solely from their ownership, not their work. In a socialist state, a worker’s labor has direct social value. They are building a society for all, not generating passive income for a separate class of owners.