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Why are folks so anti-capitalist? (self.asklemmy)

submitted 1 year ago by o_o to c/[email protected]

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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[–] [email protected] 3 points 1 year ago (1 children)

That is why renaissance and enlightenment is such a big deal in history.>

Umm...capitalism didn't exist in the Renaissance and Enlightenment. Adam Smith's The Wealth of Nations wasn't published until 1776. Most of Europe was still feudal during the Renaissance and Enlightenment. England is the exception, but England was always the exception. So, I'm not sure what you're talking about. The Royal Society, for which Newton, Hooke, Halley, etc., were all members of, was funded by the Crown, hence the name, "Royal Society". The European savants all had royal patrons, like Leibniz, Brahe, and Huygens, that funded their livelihoods.

For note, I am a published historian by education that specialized in Tudor England.

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago)

Capitalism as a classification/concept did not exist does not mean the practice did not exist. Capital (both in kind and in mind) accumulation has been occurring since even the stone age. Of course we would not call those societies capitalistic.

Plus I am replying to the comment that tries to dismember science from finance/economy.