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    Human Change?=Work Together!🔁 (freeschool@qoto.org)'s status on Saturday, 11-Jan-2025 07:46:27 JSTHuman Change?=Work Together!🔁Human Change?=Work Together!🔁
    in reply to
    • 🎓 Doc Freemo :jpf: 🇳🇱
    • rastinza

    @rastinza @freemo Sorry for delay, post didn't show up in my notification or I missed it.

    TLDR = see end paragraph!

    1/ ✔️ So yes Rastinza I too was having these thoughts...

    ... though I am sure not completely in agreeing with you mostly because of your first line because we were writing it as Capitalism (Free Market)... which is the bracketed version and maybe it's contradiction as both are part of the same thing AND each can also be separate in it's own way.

    The brackets shows it is a subtype (or economic policy as you say) and written as: Capitalism (Free Market OR ANY SUBTYPE) and maybe both can imply it's on way to be applied to things too...

    Overall seems both is use in a variety of ways and all have their sub variants or mix of practices within other big headers as a 'way of doing things' and not just 1 thing...

    2/ I realised as Freemo was talking tht he declared along the way 1 sub-type of Capitalism was the focus but initially / to start with it was first more about how *other people* use the word alone as "Capitalism" incorrectly - so if other people do not state it or mean the free market type, (let's say they mean "State monopoly" type capitalism or similar -

    https://en.wikipedia.org/wiki/State_monopoly_capitalism

    then they are more likely correct IF many more mean this sub-types or infer things of that Capitalism umbrella topic that covers those bad things commonly people mean (to do with the rich ruling, unfair possession, state interventions to keep it unfair, oligarchy etc)...

    So perhaps it's generally accepted to mean this type more than any other... and I would accept people are less wrong if a majority means things whatever way they mean it IF they use it enough and assume between them which one they (especially if the other nuances are a bit niche / never learnt and nearly non-existent to them). So if people don't declare it then it might not be (Free Market) and as Freemo confirmed we don't have that type today so could suit most all people who say it and be correct about that (accidentally correct or not!)...

    So the type of Capitalism is important of course but most people who don't declare subtype might agree on similar things (which might not know until we asked them) but generally in the State monopoly category or oligarchy / Techno-capitalism ...https://en.wikipedia.org/wiki/Technocapitalism

    ...and similar variants of power over people or #profit over people... ?

    (I just made this up but from hearing it often elsewhere).

    3/ Which is why I liked the word #Plutocracy instead of Capitalism...

    https://en.wikipedia.org/wiki/Plutocracy

    ...because as it's a totally different word! HA 😃

    CONCLUSION
    ⚫ 1 Capitalism has many types
    ⚫ 2 Use Plutocracy? https://en.wikipedia.org/wiki/Plutocracy

    In conversationabout 4 months ago from qoto.orgpermalink

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      Plutocracy
      A plutocracy (from Ancient Greek πλοῦτος (ploûtos) 'wealth' and κράτος (krátos) 'power') or plutarchy is a society that is ruled or controlled by people of great wealth or income. The first known use of the term in English dates from 1631. Unlike most political systems, plutocracy is not rooted in any established political philosophy. Usage The term plutocracy is generally used as a pejorative to describe or warn against an undesirable condition. Throughout history, political thinkers and philosophers have condemned plutocrats for ignoring their social responsibilities, using their power to serve their own purposes and thereby increasing poverty and nurturing class conflict and corrupting societies with greed and hedonism. "Dollarocracy", an anglicised adaptation of the word "plutocracy", may refer to "a specifically American version of plutocracy". ...
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