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[-] unfreeradical@lemmy.world 1 points 1 year ago

Money and trade are older than capitalism.

Capitalism emerged from the industrial revolution, as the system of unbounded accumulation of private wealth by a small cohort of society, who contribute no labor, by claiming as profit a share of wealth generated by labor of the rest of society, depriving them from realizing the full value of their own labor.

this post was submitted on 30 Sep 2023
524 points (80.3% liked)

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