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1. Embed this notice
   mk (mk@mastodon.satoshishop.de)'s status on Thursday, 08-Feb-2024 02:55:59 JST mk

   what is capitalism?
   economic action to be coordinated in a decentralized manner via price-forming markets.

   1. COMPANIES are making a bet with their investments.
   2. customers decide which products / services they want to buy.
   3. only the companies that make the most money will survive.

   • Embed this notice
     mk (mk@mastodon.satoshishop.de)'s status on Thursday, 08-Feb-2024 03:03:21 JST mk

     in reply to

     • AlphaKiloPapa☭⃠

     @AlphaKiloPapa

     my position is that every company that is controlled by the government, becomes the government.

     every person that got silenced by the censorship-industrie-complex should have a standing in court against the government for free-speech violations.

   • Embed this notice
     AlphaKiloPapa☭⃠ (alphakilopapa@noauthority.social)'s status on Thursday, 08-Feb-2024 03:03:22 JST AlphaKiloPapa☭⃠

     in reply to

     @mk What do you call it when economic action is coordinated by the government tangentially with companies being given great power by the government in exchange for political support? Oh that's fascism. We live under fascism...

   • Embed this notice
     Monkey Boy (ruprecht@noauthority.social)'s status on Thursday, 08-Feb-2024 03:16:39 JST Monkey Boy

     in reply to

     @mk

     Good Lord this is an oversimplification.

   • Embed this notice
     mk (mk@mastodon.satoshishop.de)'s status on Thursday, 08-Feb-2024 03:16:39 JST mk

     in reply to

     • Monkey Boy

     @ruprecht

     can you explain it better without adding complexity?

   • Embed this notice
     mk (mk@mastodon.satoshishop.de)'s status on Thursday, 08-Feb-2024 03:17:17 JST mk

     in reply to

     • Monkey Boy

     @ruprecht

     i wrote this in contrast do socialism.

     https://mastodon.satoshishop.de/@mk/111891485570378608