this post was submitted on 20 Sep 2023
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Capitalism is a politicial and economic system.
Can you elaborate on how capitalism is a meaningful political system?
I think the argument is that economics and politics are not independent of each other. They are two sides of the same coin. Whomever controls the food supply has power over the population, which means it has political power. Whomever has power over the population, has power over the food supply. Basically, economics and politics are different perspectives on power.
For example, the political structures in the West create the rules over who gets to obtain power through the economy. From the other direction, the people with economic power get to control who gets to obtain power through the political structures.
Thanks for this, I like the pragmatic view that those with economic power select those who obtain political power. I certainly don't think they're independent. The economic system influences the political system for sure, but categorically/formally we're still talking about two distinct systems, otherwise we wouldn't be talking about a separate political structure
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