this post was submitted on 21 Sep 2024
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[โ€“] [email protected] 4 points 3 months ago (1 children)

Capitalism is explicitly designed

Capitalism was never designed, it emerged from Feudalism. Capitalism was never an idea, but a result of technological advancement, just as Socialism will be from Capitalism.

Just a minor correction, the rest of your comment is broadly correct.

[โ€“] [email protected] 2 points 3 months ago

If we're being technical, it resulted more directly from mercantilism than feudalism.