[TigersEye]

I have always thought that capitalism exists to some extent in any system that produces any goods that are then used/distributed/sold for their value. Even in the purest communism the workers are getting something for what they produce.

Capitalism is not a political ideology or a form of government no matter how much leftists try to frame it as such.

[dfwgator]

"What do you think the Russians talk about in their councils of state -- Karl Marx? They get out their linear programming charts, statistical decision theories, minimax solutions, and compute the price-cost probabilities of their transactions and investments, just like we do." - Arthur Jensen (Network)

[dfwgator]

That’s the disconnect.

On the one hand, Communists talk about the workers owning the means of Production, which implies decentralization, but then if you abolish private property, there’s no other way than to have centralized planning.

[Wildbill22]

“Capitalism” is a term created by Karl !arx, in Das Capital.