There’s a difference between capitalism and just having markets and money, to be fair.
I mean this sincerely, because I don’t know everything about economics. Is it?
No it is not.
Currency is 3000 years old. Money and Markets preexist the capitalist system.
A core concept of Karl Max book was how local markets can influence prices in distant markets; resulting famine due to prices not availability. That was his literal moral justification for regulating the economy.
I’m not sure I understand your point. Capitalism is still capitalism under different names.
Currency is 3000 years old. Money and Markets preexist the capitalist system.
A core concept of Karl Max book was how local markets can influence prices in distant markets; resulting famine due to prices not availability. That was his literal moral justification for regulating the economy.
No it is not.
Currency is 3000 years old. Money and Markets preexist the capitalist system.
A core concept of Karl Max book was how local markets can influence prices in distant markets; resulting famine due to prices not availability. That was his literal moral justification for regulating the economy.
I’m not sure I understand your point. Capitalism is still capitalism under different names.