m4dire0701 on Nostr: "Capitalism means the ideology (ism) of capital or capitalists. Before Marx came ...
"Capitalism means the ideology (ism) of capital or capitalists. Before Marx came along, the pure free-marketeer Thomas Hodgskin had already used the term capitalism as a pejorative; capitalists were trying to use coercion — the State — to restrict the market. Capitalism, then, does not describe a free market but a form of statism, like communism. Free enterprise can only exist in a free market."
-Samuel Edward Konkin III, An Agorist Primer
Published at
2024-09-30 21:38:40Event JSON
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"content": "\"Capitalism means the ideology (ism) of capital or capitalists. Before Marx came along, the pure free-marketeer Thomas Hodgskin had already used the term capitalism as a pejorative; capitalists were trying to use coercion — the State — to restrict the market. Capitalism, then, does not describe a free market but a form of statism, like communism. Free enterprise can only exist in a free market.\"\n\n-Samuel Edward Konkin III, An Agorist Primer",
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