that is the ideology of classic liberal and neoliberal governments in the history of capitalism, capitalism itself is simply investing ‘money’ (aka capital) to produce commodities that are then exchanged for more money that is then fed right back into the loop to produce even more commodities to make even more money. The term commodity can refer to things that are intangible, like financial instruments - stocks, bonds, derivatives of stocks and bonds, derivatives of derivatives of stocks and bonds etc. Capitalism is the core of the global economic system. It is not an ideology. There are many countries (but fewer than there used to be) that are either socialist or social democracies where capitalism is highly regulated.
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Showerthoughts
!showerthoughts@lemmy.world
A “Showerthought” is a simple term used to describe the thoughts that pop into your head while you’re doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.
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- All posts must be showerthoughts
- The entire showerthought must be in the title
- Avoid politics (NEW RULE as of 5 Nov 2024, trying it out)
- Posts must be original/unique
- Adhere to Lemmy’s Code of Conduct
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