• @PhlubbaDubba
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    1723 days ago

    The innovation of capitalism is that the right to own land or other capital assets isn’t an exclusive right of the aristocracy. There is no law in letter which says you cannot ever own a home, and that is a new thing in the west. The next capitalist innovation was that you don’t have to own something to have the rights of people who do own things, which was unheard of prior to the liberal capitalist revolutions of the 1700s and 1800s.

    It’s important to understand that things we take for granted in the present day did not always exist, nor are they necessarily guaranteed to keep existing unless specific effort is made to prevent them from being destroyed by the forces that want to go back, in today’s day and age, that being the emerging class of inheritance billionaires who through various means are acquiring more and more outsized political power as well as more and more outsized ownership of resources, creating an in fact reversal of the liberal reforms of the feudal system which even Marx hailed as a huge and essential step in the right direction for the era it happened in.