• Croquette@sh.itjust.works
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    1 year ago

    Capitalism isn’t trading good for/with currency though. Socialist and Communist societies would still use currency as it is a lot easier than bartering everything. And in Socialists society, you can still have lending and investments.

    Capitalism is the means of production and trade owned by private entities (be it a person or a corporation) to make profits.

    You are right though, inevitably, capitalism leads to consolidation and monopolies which we see today.