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UBI Cash Payments Reduced Homelessness, Increased Employment in Denver (www.businessinsider.com)

submitted 1 year ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml

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[-] elouboub@kbin.social 0 points 1 year ago

But those with capital in society choose not to.

That's a good 80% of the population

[-] OurToothbrush@lemmy.ml -1 points 1 year ago

Are you saying that 80 percent of society owns the means of production?

[-] elouboub@kbin.social 0 points 1 year ago

Capital != means of production

[-] OurToothbrush@lemmy.ml -1 points 1 year ago

It literally does, according to the person who coined the term and socialist political economic theory up to the present.

Have you read any marx? Any marx whatsoever?

[-] elouboub@kbin.social 0 points 1 year ago

Capital was coined by Marx? Say what?

First recorded in 1175–1225; Middle English; (adjective) from Anglo-French or directly from Latin capitālis “of the head” (capit-, stem of caput “head” + -ālis adjective suffix; see -al1); (noun) from Medieval Latin capitāle “wealth,” noun use of neuter of the adjective capitālis

https://www.dictionary.com/browse/capital

[-] OurToothbrush@lemmy.ml -1 points 1 year ago

Sorry. You're right. Allow me to clarify. "Who used the term in political economics"

this post was submitted on 06 Oct 2023

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