There is a definition difference. What Marx defined as capitalism is a pattern of post-feudal production after the industrial revolution. It means the transformation of quantities of surplus value from wage labor, and the qualitative transformation of the surplus into capital.
People typically respond with “well using money and buying stuff in a market is just natural law” etc which isn’t “capitalism” and indeed the first chapter of Capital is all about commodity-money and primitive markets and production. These things are all pre-capitalism and have existed for as long as civilization has.
Thanks.
In your view, if people want to get rid of capitalism, or live in post capitalism or whatever, do you think that's possible?
I still think you'd need to have consent, and you wouldn't get it as some people want to take risk but some don't so would opt for no risk but fixed - limited - reward.
I ask, as just as trading is long standing, so I'd guess would be a risk tolerance (and other tolerances which factor in).
I mean under Marx's definition I can easily envision a "non-capitalist" system where most economic activity is done by solo-entrepreneurs who own their means of production. This doesn't involve any wage labor being utilized. It's not socialism but there is arguably no labor "exploitation" which is the main moral argument I suppose, and frankly close to what a lot of libertarians imagine in their head as the ideal social arrangement anyway.
People typically respond with “well using money and buying stuff in a market is just natural law” etc which isn’t “capitalism” and indeed the first chapter of Capital is all about commodity-money and primitive markets and production. These things are all pre-capitalism and have existed for as long as civilization has.