Quote (EmSeeD)
i was thinking though, if it wasn't for capitalism even though Tesla invented electricity we might not have it because without capitalism noone would bother spending a bunch of money providing us with electricity coz they'd end up broke, only the very few in the world would have electricity
do you even understand what capitalism is? i don't think you do because if you did, you wouldn't be saying this.
capitalism is simply private ownership of the means of production. it is any system in which the common mode of labor operations is where people are given control over other peoples' labor through control over the capital upon which they work. the other options are socialism (workers' control over the means of production) and distributism (this is a compromise between capitalism and socialism. it is basically Homesteading).
do you really think that Tesla's ideas wouldn't have come about without private ownership over the means of production?
