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Innovation under capitalism (lemmy.ml)

submitted 5 months ago by [email protected] to c/[email protected]

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https://www.bloomberg.com/news/articles/2024-06-03/companies-are-getting-smarter-about-raising-their-prices

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[–] [email protected] 0 points 5 months ago (1 children)

Colonial imperialism began with industrialization in your explanation? Capitalist countries were colonizing the world well before the industrial revolution.

[–] [email protected] 2 points 5 months ago (1 children)

Colonialism is not the same as what I am referring to as Imperialism. I specifically mean the point at which Capitalism reaches outward and exports Capital to less developed countries to super-exploit for super-profits.

[–] [email protected] 1 points 5 months ago

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