• darkseer@lemmy.world
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      1 year ago

      The original definition of capitalism used to be an economy where 90% of businesses and property are privately owned. And while I admit that the meaning of words tend to change over time I think that the meaning of capitalism was deliberately changed so that the Soviet Union doesn’t sound as insane as it was to future generations. L

      • Captain Minnette@lemmy.fmhy.ml
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        1 year ago

        Original definition according to who? Best I can tell from reading the literature, the definition in the public sphere was changed to this definition in the 20th century. Papers wrote of state capitalism in the 1880s. By the 1890s in Germany, the idea had already arisen that perhaps state socialism isn’t possible as it will always become state capitalism.

        • darkseer@lemmy.world
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          1 year ago

          It’s strange, but I distinctly remember three different school books giving that exact definition. Yet, when I looked up the etymology for the word it said that it started out as a disparaging French word for money lender and was picked up by the British to describe anyone who made money in enterprise.

      • animelivesmatter@lemmy.world
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        1 year ago

        I think that the meaning of capitalism was deliberately changed so that the Soviet Union doesn’t sound as insane as it was to future generations.

        That’s certainly a claim. One I’ve never heard before. You should probably provide a source for that, because that sound like bullshit.

        Besides, I don’t think calling the Soviet Union “state capitalist” downplays how bad they were, especially when that’s coming from a leftist.

        • darkseer@lemmy.world
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          1 year ago

          Decided to do some research after your questions. Turns out the word was used/coined by the French as a derogatory word for money lenders was co opted by the British later as a derogatory word for anyone involved in manufacturing and other base enterprises. And then some economists in the 80s and 90s tried to redefine it and even wrote that dedinition into some Social Studies and Economy textbooks that I remember reading throughout my life in school.

    • Phat_Albert@lemmy.zip
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      1 year ago

      No but state owned is the exact definition of communist. China has a communist government which allows a high degree of market/capitalist activity.

      • Captain Minnette@lemmy.fmhy.ml
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        1 year ago

        state owned is the exact definition of communist

        The anarchist communists that have existed for at least 180 years would probably disagree with you.

        • Phat_Albert@lemmy.zip
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          1 year ago

          I have no idea what an anarchist communist is but I think this conversation got way off track. A communist country’s defining feature is that the public has (ostensibly) ownership of property which is typically through the state.

          If you live on a literal commune somewhere of course the reality will be different.

          The original conversation was regarding who produces pollution, a capitalist or communist nation, with my point being that it doesn’t matter what the form of government is.