• Awoo [she/her]@hexbear.net
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    1 year ago

    Ultimately capitalism began when the bourgeoisie seized power from the monarchs and developed a system that was designed around empowering them. The development of the capitalist economic system comes after the seizure of power and develops around the resistances and problems it encounters.

    The same can be said of socialism. It begins when the proletariat seize power but what it becomes is a process of time and development. The obsession people have with full central planning vs markets vs something else is not as important as the seizure of power and construction of institutions that maintain that power.