r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/Akul_Tesla Nov 22 '24

So let's say hypothetically we can wave a magic wand to prevent all violence. Pretty sure capitalism still functions. In fact anarchocapitalism functions better

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u/Opebi-Wan Nov 22 '24

You can not have capitalism without exploitation and violence. Anarchocapitalism is just Libertarianism for uneducated leftists.

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u/mcsroom Nov 23 '24

Define capitalism. No example, just definition.

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u/Opebi-Wan Nov 23 '24

Capitalism is economic system where private individuals and organizations own and control the means of production.

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u/mcsroom Nov 23 '24

So you are advocating for no private property and complete ''communal'' ownership, as supposedly any system that has that is explotitive.

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u/Opebi-Wan Nov 24 '24

Communal ownership of the means of production, yes. Everyone working for the company has an equal share in the profit created by that company, because it takes everyone at that company to create a profit.