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It is always capitalism's fault (cdn.masto.host)
submitted 2 years ago by to c/memes@lemmy.ml
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[–] 19 points 2 years ago (5 children)

Capitalism is just feudalism with fancier technology.

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  • [–] 13 points 2 years ago

    not at all, the foundation of feudalism was serfs either paying rent for the land or paying a tax out of their production. the foundation of capitalism is wage labor. the intensives and motivations for everyone involved are fundamentally different in the 2 systems. The assertion just also doesnt make sense from a historical perspective capitalism came before any of the technology associated with it.

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  • [–] 6 points 2 years ago

    No. Feudalism was focused on rent extraction, but serfs produced the bulk of their own goods. Capitalism is based on competition and wage labor. These are both class systems, but they have different mechanisms and different "next stages."

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