alt Hacker NewsCapitalism was never about owning things. It's about accumulating capital (hence the name), and renting stuff is more profitable than selling stuff.
Capitalism was never about owning things. It's about accumulating capital (hence the name), and renting stuff is more profitable than selling stuff.
not quite: its about accumulating capital yes, but also with private ownership (as opposed to collective ownership) and the use of said capital to gain more capital (investment returns put back into more investment)
maybe, maybe not, but it is usually more stable and predictable