That’s not what capitalism is. People have been exchanging things long before the 1600s. Capitalism is about allowing private interests to own a state’s productive capacity for the purposes of profit.
Okay, allow me to copy/paste the relevant section, the first sentence.
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
Meaning individuals (aka private interests) own and control the means of production with the goal of generating profit, rather than they be publicly controlled, which is to say controlled by the government.
Brother, you asked me to source the definition of public ownership so I got you a literal dictionary definition of it. And for the record, I haven’t downvoted any of your comments, not even the ones I found irritating.
That’s not what capitalism is. People have been exchanging things long before the 1600s. Capitalism is about allowing private interests to own a state’s productive capacity for the purposes of profit.
Hahahahahahahahaha no.
Hahahahahahahaha yes.
The word government isn’t even in that entire article. Maybe quote a specific part instead of idiotically linking a main Wikipedia page…?
Okay, allow me to copy/paste the relevant section, the first sentence.
Meaning individuals (aka private interests) own and control the means of production with the goal of generating profit, rather than they be publicly controlled, which is to say controlled by the government.
Controlled by the government part is added by you with no source. Typical American basement dwelling commie
https://www.oxfordreference.com/display/10.1093/oi/authority.20110803100353611
There’s your source. That makes two versus your zero? Surely you know what you’re talking about.
Dude quoting general things doenst make your point… At all… Nor does downvoting me…
Brother, you asked me to source the definition of public ownership so I got you a literal dictionary definition of it. And for the record, I haven’t downvoted any of your comments, not even the ones I found irritating.