• @[email protected]
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    fedilink
    333 days ago

    We don’t have a lot of dyed in the wool capitalists on Lemmy

    *dyed in the wool liberals

    Liberalism is the philosophy of capitalism, capitalists are people who owns significant amounts of capital.

    • @LovableSidekick
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      English
      -233 days ago

      Capitalism is owning the means of production - which isn’t limited to billionaires. Almost everybody who has a retirement plan is a capitalist because retirement funds invest in stocks, bonds, etc. Everyone with a savings account is a capitalist - they are supplying money the bank loans to other people, which is where savings account interest comes from. To honestly avoid being a capitalist you’d have to have no money or keep it in a mattress.