ruveyn wrote:
peebo wrote:
well a semantic argument may be had on definitions of what some refer to as "pure capitalism" but generally capitalism does indeed exist. wage labour, private ownership of means of production, accumulation of capital, the profit motive, competitive markets, a ruling class and a proletariat etc. etc.
Markets and trade have existed for at least 50,000 years among homo sapians. and community life and towns have exists for 10,000 years when agriculture became them main way of getting one's next meal.
Neanderthal's did not have markets and exchanges. Which is one of the reasons they are extinct.
ruveyn
perhaps, but this isn't really comparable with the global, institutionalised neo-liberal capitalism we have today. that is clearly a fairly recent phenomenon.
_________________
?Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.?
Adam Smith