You are viewing a single thread.
View all comments
5 points

Are Capitalist and oligarchs the same thing?

permalink
report
reply
13 points

I would say an oligarch is a capitalist but a capitalist isn’t exclusively an oligarch.

Really comes down to the definition of capitalist

permalink
report
parent
reply
6 points
*

I think it’s about the level of wealth and power. A small business owner is very clearly a capitalist, but is also definitely not an oligarch. An oligarch is a capitalist by definition though.

permalink
report
parent
reply
2 points

Small business owners are often a hybrid of capitalist and market-socialist in the sense that they are often workers for their business (making the business worker-owned to some degree).

For example, if I own a small cafe with 4 staff members and I work 40 hours a week in customer service alongside my staff and then another 20 hours handling the logistics and other management related stuff while my staff work 30 hours each then my small company would be a hybrid of capitalist and market socialist since the worker-owner is doing 33% of the labor to run the company.

So I like the idea of allowing small privately owned companies even under DemSoc or Communism, and then once the company grows to 50 or more employees it should either become a worker co-op, unionized or nationalized.

permalink
report
parent
reply

Political Memes

!politicalmemes@lemmy.world

Create post

Welcome to politcal memes!

These are our rules:

Be civil

Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.

No misinformation

Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.

Posts should be memes

Random pictures do not qualify as memes. Relevance to politics is required.

No bots, spam or self-promotion

Follow instance rules, ask for your bot to be allowed on this community.

Community stats

  • 13K

    Monthly active users

  • 3.1K

    Posts

  • 137K

    Comments