2026-09-25 05:18 UTC
As Jason Hickel argues:
'the tendency to equate capitalism with "markets and trade" naturalizes a system that is not natural, and prevents us from having a clear-eyed view of how it operates & how we might want to do things differently'...
he then offers a vg three part definition of capitalism:
1. Capitalism is built on enclosure & the construction of scarcity;
2. it requires perpetual expansion (growth);
3. economics decisions cannot be democratic.
#capitalism #economics
h/t LinkedIn
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