• RyanGosling [none/use name]@hexbear.net
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      1 year ago

      I’ve noticed that many capitalists will have a knee jerk angry reaction when you utter the word “capitalism” even if you’re not communist.

      While it’s more tame in real life, on the internet I’ve seen posts about some extreme price markup and everyone complaining and asking why, then one commenter simply says “that’s capitalism for you” with no mention of socialism, then you get a bunch of replies going on angry tirades about Venezuela and North Korea. They’ll get angry at you for explaining economics 101, something they’ll smuggly tell you to study.

      You don’t get to utter the sacred, holy name of C———m.

      • axont [she/her, comrade/them]@hexbear.net
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        1 year ago

        To be fair the term capitalism was created by socialists as a way to criticize it. Adam Smith and other pre-Marx economists never used the term. It only became a common term after Marx kept saying “capitalist mode of production” and that’s just a mouthful.

        So the word comes up most often in socialist circles. Liberals don’t like calling it capitalism because the very word gives undue authority to capital, which liberals deny. Liberals don’t believe capital has supreme power and don’t want to describe society like that.

        • PeeOnYou [he/him]@lemmygrad.ml
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          1 year ago

          but in the same breath they will speak very highly of capitalism… it’s only bad if you’re pointing out things they don’t want to think about but it’s fine if you extoll virtue