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Anarchist Rule (lemmy.blahaj.zone)
submitted 6 months ago by FundMECFSResearch to c/196
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[-] merc@sh.itjust.works 1 points 6 months ago

It still sounds like capitalism to me. It's just more traditional capitalism. I'm pretty sure that the first mechanical looms were in factories where the owner was actually present in the factory, trying to make sure the machines kept working.

I'd even argue that ownership of land isn't really capitalism anyhow, it's more similar to feudalism. Capitalism involves buying capital and using that to transform raw materials into a finished product that can be sold at a profit. Feudalism involves charging someone rent for occupying land you own. Capitalism involves competing with other capitalists for more efficient processes, more cost-effective machines, and so-on. Landlords can't have "more efficient" land. A capitalist has to use their machines to generate profits. If the machines are idle, they don't make money. A landlord does nothing at all, then collects rent money.

So yeah, ban rent, or severely limit it. Require that a capitalist owner is actually physically present and involved in day-to-day operations, and you'll completely eliminate billionaires, probably even centi-millionaires.

this post was submitted on 24 Oct 2024
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