The fundamental definition of capitalism is that all means of production are privately owned.
The reason I say that it’s theoretical and hypothetical is that you won’t find any real economies where that’s the case. Just like we don’t find any instances of the platonic ideal of Communism the way Marx described it.
What we have instead is a set of systems with varying degrees of public vs private ownership and various implementations of what should and shouldn’t be considered a public vs private resource.
I’m not sure why you would site “product stratification” as a requirement of capitalism. That literally just means that you sort products into different categories. It has nothing to do with any particular economic system.
Most modern economic theory does involve marginalization, but probably not the way you think. The requirement is just that either consumers have different preference curves or producers have different production abilities. That’s it and there’s nothing particularly sinister about it. Communism makes the same assumptions since those differences are a requirement for, “From each according to their ability, to each according to their need,” to make sense.
Deprivation isn’t a requirement of capitalism either. It’s a basic assumption of economics. The idea is that we have unbounded capacity to consume but bounded capacity to produce. If that isn’t the case you don’t need an economy, everyone just gets everything they want. The difference between Communism and Capitalism is in how they prioritize using limited resources.
You can cite a single statistic on food scarcity but the data is very clear that we’re living in an era of unprecedented food excess. If you look at data sets that cover more than a few decades you’ll see strong trends of decreased malnutrition, both within the US and around the world.
One of the chief problems with getting these facts wrong is that they lead us to making bad decisions. Food donations are a prime example. The US subsidizes food production. That’s generally a good thing since it improves food security. However that screws food prices. The US deals with this by having the government buy up excess food at guaranteed minimum prices. It then has a bunch of food that nobody wants so, in an effort to kill to birds with one stone, it ships a lot of that food to poor countries at below market prices. That feeds some people but it also massively undercuts the local agriculture industry. There’s no way a near-subsistence farmer can come close to competing on price against a modern mechanized farm. That’s theoretically OK if we came up with some alternative economic activity but we don’t.
The fundamental definition of capitalism is that all means of production are privately owned.
The reason I say that it’s theoretical and hypothetical is that you won’t find any real economies where that’s the case.
When we discuss capitalism, we are discussing existing systems that are based on the capitalist mode of production.
We have no interest in fairy tales.
I’m not sure why you would site “product stratification” as a requirement of capitalism.
I believe you misquoted the text. I apologize if I originally submitted an inaccurate representation of the intended language.
Capitalism produces forces that impose systemic inequity across the population, and also, capitalism would collapse if somehow the inequity were resolved.
Thus, capitalism produces and requires inequity, on a massive scale.
Most modern economic theory does involve marginalization, but probably not the way you think.
We are concerned with facts, not just wishes.
The requirement is just that either consumers have different preference curves or producers have different production abilities.
Marginalization is cohorts of a population being systemically separated, disempowered, and disenfranchised.
Deprivation isn’t a requirement of capitalism either. It’s a basic assumption of economics. The idea is that we have unbounded capacity to consume but bounded capacity to produce.
Again, we discuss reality. Capitalism depends on cohorts of the population lacking access to the more desirable opportunities of employment available to others, thereby becoming forced to accept less undesirable employment. It also depends on most of the population needing to be employed to earn the means of survival. Wealthy business owners require no employment to survive, because they survive from the labor provided by their employees.
Thus, capitalist society is structured by a class disparity between owner and worker, and of further systemic stratification across the working class.
Asserting the intractable necessity of similar stratification for any system represents an argument from ignorance.
difference between Communism and Capitalism is in how they prioritize using limited resources.
The difference is based on control over production. Naturally, if workers control production, then they direct it toward their own interests, as the whole public, not the interests of a narrow cohort of society that has consolidated immense wealth and power.
You can cite a single statistic on food scarcity but the data is very clear that we’re living in an era of unprecedented food excess.
Food scarcity is the degree to which certain cohorts of the population have inadequate or insecure access to food, not the total amount of food with respect to need.
Statistics are easy to find if you search.
If you look at data sets that cover more than a few decades you’ll see strong trends of decreased malnutrition, both within the US and around the world.
Much has improved over time, however, precarity and insecurity have exacerbated by most measures in recent years and decades.
The US subsidizes food production. That’s generally a good thing since it improves food security.
The relationship is weak. Food security depends on stability and equitability of distribution. A society producing enough food to support the population is considered as resilient, but such an achievement is not sufficient to ensure security for the entire population.
Inequities in distribution are harmful to the population, by producing food insecurity.
The US deals with this by having the government buy up excess food at guaranteed minimum prices.
Much food is wasted.
Retailers discard food to keep prices inflated, even as many remain hungry. The practices you are describing, of government making purchases to keep prices stable and also distributing according to need, for households unable to meet the retail price, are not occurring in practice, to any meaningful degree, to address the problems.
Capitalism is not theoretical or hypothetical.
It is a system of social organization and production that emerged in a particular historic period following from particular historic antecedents.
Capitalism requires and produces stratification, marginalization, and deprivation on a massive scale.
In the US, over one in ten are experiencing food insecurity. In marginalized countries, rates are even higher.
The fundamental definition of capitalism is that all means of production are privately owned.
The reason I say that it’s theoretical and hypothetical is that you won’t find any real economies where that’s the case. Just like we don’t find any instances of the platonic ideal of Communism the way Marx described it.
What we have instead is a set of systems with varying degrees of public vs private ownership and various implementations of what should and shouldn’t be considered a public vs private resource.
I’m not sure why you would site “product stratification” as a requirement of capitalism. That literally just means that you sort products into different categories. It has nothing to do with any particular economic system.
Most modern economic theory does involve marginalization, but probably not the way you think. The requirement is just that either consumers have different preference curves or producers have different production abilities. That’s it and there’s nothing particularly sinister about it. Communism makes the same assumptions since those differences are a requirement for, “From each according to their ability, to each according to their need,” to make sense.
Deprivation isn’t a requirement of capitalism either. It’s a basic assumption of economics. The idea is that we have unbounded capacity to consume but bounded capacity to produce. If that isn’t the case you don’t need an economy, everyone just gets everything they want. The difference between Communism and Capitalism is in how they prioritize using limited resources.
You can cite a single statistic on food scarcity but the data is very clear that we’re living in an era of unprecedented food excess. If you look at data sets that cover more than a few decades you’ll see strong trends of decreased malnutrition, both within the US and around the world.
One of the chief problems with getting these facts wrong is that they lead us to making bad decisions. Food donations are a prime example. The US subsidizes food production. That’s generally a good thing since it improves food security. However that screws food prices. The US deals with this by having the government buy up excess food at guaranteed minimum prices. It then has a bunch of food that nobody wants so, in an effort to kill to birds with one stone, it ships a lot of that food to poor countries at below market prices. That feeds some people but it also massively undercuts the local agriculture industry. There’s no way a near-subsistence farmer can come close to competing on price against a modern mechanized farm. That’s theoretically OK if we came up with some alternative economic activity but we don’t.
When we discuss capitalism, we are discussing existing systems that are based on the capitalist mode of production.
We have no interest in fairy tales.
I believe you misquoted the text. I apologize if I originally submitted an inaccurate representation of the intended language.
Capitalism produces forces that impose systemic inequity across the population, and also, capitalism would collapse if somehow the inequity were resolved.
Thus, capitalism produces and requires inequity, on a massive scale.
We are concerned with facts, not just wishes.
Marginalization is cohorts of a population being systemically separated, disempowered, and disenfranchised.
Again, we discuss reality. Capitalism depends on cohorts of the population lacking access to the more desirable opportunities of employment available to others, thereby becoming forced to accept less undesirable employment. It also depends on most of the population needing to be employed to earn the means of survival. Wealthy business owners require no employment to survive, because they survive from the labor provided by their employees.
Thus, capitalist society is structured by a class disparity between owner and worker, and of further systemic stratification across the working class.
Asserting the intractable necessity of similar stratification for any system represents an argument from ignorance.
The difference is based on control over production. Naturally, if workers control production, then they direct it toward their own interests, as the whole public, not the interests of a narrow cohort of society that has consolidated immense wealth and power.
Food scarcity is the degree to which certain cohorts of the population have inadequate or insecure access to food, not the total amount of food with respect to need.
Statistics are easy to find if you search.
Much has improved over time, however, precarity and insecurity have exacerbated by most measures in recent years and decades.
The relationship is weak. Food security depends on stability and equitability of distribution. A society producing enough food to support the population is considered as resilient, but such an achievement is not sufficient to ensure security for the entire population.
Inequities in distribution are harmful to the population, by producing food insecurity.
Much food is wasted.
Retailers discard food to keep prices inflated, even as many remain hungry. The practices you are describing, of government making purchases to keep prices stable and also distributing according to need, for households unable to meet the retail price, are not occurring in practice, to any meaningful degree, to address the problems.
In the US, over one in ten are food insecure.