Egregoros

@lain you ever wonder if anyone actually knows what the word "capitalism" means? What are the sub requirements for capitalism, to be capitalism? Never ever do i see anyone who uses the word capitalism (both positive or negative sense) actually know what it is and what economic/market features it requires

In my school, capitalism was described in one sentence, very simple:

"Goods and services are exchanged for goods, services, or money, without everything having to go thru the state"

Never did i hear anything more about that

"But late-stage capitalism jokes funny"
yeah, true