God created capitalism.

[nawpar]

People didn't create capitalism. When the first caveman traded with another caveman, that was capitalism.

 

[Ben Thomson]

People didn't create capitalism. When the first caveman traded with another caveman, that was capitalism.

Doesn't profit have to come into play before it's considered 'capitalism'?

 

[Mr Natural]

People didn't create capitalism. When the first caveman traded with another caveman, that was capitalism.

No, what you describe is called bartering.

Capitalism didn’t come along until the concept of money was invented.

 

[EvilEyeFleegle]

People didn't create capitalism. When the first caveman traded with another caveman, that was capitalism.

No, what you describe is called bartering.

Capitalism didn’t come along until the concept of money was invented.

Yes..since the concept of Capital is the direct transfer of value from a real item to a currency of some sort. Drives the bus, as it were. When Newton created the Bank of England--and regulated the flow of value..capital...he discovered that money grows money--and away we went.

BTW..when Govt. owns all the value..as in a monarchy...capitalism is happening..but they are not a capitalistic govt...they are feudal.

 

[Moonglow]

God created humans, then religion and then wanted ten percent.

 

[nawpar]

People didn't create capitalism. When the first caveman traded with another caveman, that was capitalism.

No, what you describe is called bartering.

Capitalism didn’t come along until the concept of money was invented.

When 2 people trade, they are using what they have as money to get what they want. In the absence of money something else is used as money, for example gold and bits of metal.

 

[nawpar]

People didn't create capitalism. When the first caveman traded with another caveman, that was capitalism.

No, what you describe is called bartering.

Capitalism didn’t come along until the concept of money was invented.

Yes..since the concept of Capital is the direct transfer of value from a real item to a currency of some sort. Drives the bus, as it were. When Newton created the Bank of England--and regulated the flow of value..capital...he discovered that money grows money--and away we went.

BTW..when Govt. owns all the value..as in a monarchy...capitalism is happening..but they are not a capitalistic govt...they are feudal.

Since in the absence of currency something else is used as money, a state of money not existing is impossible. A state of currency not existing is not possible, therefore a state of capitalism not existing is not possible.

 

[Jomama]

Capitalism is as old as humanity, trading something of value for something of higher value.