Those who want to become United States Citizens, must go through this indoctrination and then take an exam.
@xerz Saying that "people" control businesses is deliberately vague so you can't argue with it...
According to my small knowledge on this, I would say the heart of capitalism is the way you produce things, and how you see things from that. In capitalism, things are produced by private means, and the goal is to take the most profit out of anything you produce. That really made the world evolve into what is it today, from the Enligtenment era, transforming the means of production, and seeing the world and human resources as capital to be extracted.
Capital exists in all forms of government, from monarchy to democracy, and in all economic systems based on money, including socialism (where capital is managed exclusively by the government).
They multiplied their fortune lending money to kings all over Europe. They also lent money to members of the Signoria, thus manipulating their decisions.
This is one of the earliest examples in history of how capital can get too entangled with politics, leading towards plutocracy from any starting point.
@codewiz @xerz Yeah, exactly, that was just trade money. Commerce. There wasn't a production element, just "buy low - sell high". It was actually the change in producing things what made it. Changing the focus to production (not just machinery, but also techniques like chain production, etc.), make it private, think just about profit, and tagging it as a good self-regulating system (with the addition of market economy) that is perfect for human interaction (liberalism). It evolved from that.
@codewiz @xerz But that was thought of as "money", not capital, which I think are different ways of seeing the world. Capital (as in capitalism) is really more abstract, and has a very defined goal, which is more capital (profit). Not cathedrals. It's hard to tell, given that we live in it, and also it can get cloudy.
Also, many people would argue that socialism doesn't imply a government or hierarchies. That'd be regarded as vanguard socialism, or state socialism, or something like that. 🙇
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