Comments by "Wandering Existence" (@WanderingExistence) on "Do We Really Live Under Capitalism?" video.
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@realgabrielflandes Hardly. Capitalism is authoritarian even if there is an equal defense of property rights, as there is an inequality of property that one class uses to dominate another. You see the capitalist notion of equality only is of equality among property, this does not pose as libertarian to man, but it is only libertarian to property- it means capital is free to reproduce and multiply at the expense of labor.
The employer-employee relationship is actually a very insidious dynamic. Employment is a rental contract. Like if you rented capital (say, a chainsaw from Home Depot), you pay rent for the "time preference" (basically the cost of time) for a piece of property. Capitalism is based on a principle of self ownership, which sounds empowering, until you realize that most people don't own capital goods other than themselves, and must rent out the authority over themselves as pieces of "human capital". This is a process of dehumanization where human beings are valued for their return on investment as capital goods. This is why, at least capitalism needs safety nets (or abolishment), or else the system won't value sick, elderly, and disabled people, as they can't provide competitive economic return for the investor class.
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