• @spongebue
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    51 month ago

    It’s not a basis of capitalism by definition, but it sure seems inevitable with the equally-inevitable greedy mindset that seems to go along with it. How’s that?

    • Victoria Antoinette
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      11 month ago

      it is the definition of capitalism, as defined by Marx, who coined it.

      • @spongebue
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        41 month ago

        Marx criticized capitalism, but the capitalist theory is generally attributed to Adam Smith from his works about 45 years prior to Marx’s birth.