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UBI Cash Payments Reduced Homelessness, Increased Employment in Denver (www.businessinsider.com)

submitted 11 months ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml

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[-] OurToothbrush@lemmy.ml 12 points 11 months ago

Are you saying that 80 percent of society owns the means of production?

[-] elouboub@kbin.social -3 points 11 months ago

Capital != means of production

[-] OurToothbrush@lemmy.ml -4 points 11 months ago

It literally does, according to the person who coined the term and socialist political economic theory up to the present.

Have you read any marx? Any marx whatsoever?

[-] elouboub@kbin.social 1 points 11 months ago

Capital was coined by Marx? Say what?

First recorded in 1175–1225; Middle English; (adjective) from Anglo-French or directly from Latin capitālis “of the head” (capit-, stem of caput “head” + -ālis adjective suffix; see -al1); (noun) from Medieval Latin capitāle “wealth,” noun use of neuter of the adjective capitālis

https://www.dictionary.com/browse/capital

[-] OurToothbrush@lemmy.ml -4 points 11 months ago

Sorry. You're right. Allow me to clarify. "Who used the term in political economics"

this post was submitted on 06 Oct 2023

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