this post was submitted on 14 Dec 2023
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Socialism
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Before capitalism there was feudalism and more basic market economies organized around market towns. Before you get to that level of density (i.e. purely agrarian or hunter gatherer societies) we generally see gift economies, which has been the default economic system for the majority of human history.
My point is that much of recorded history is defined by violence, long before capitalism was invented. What happened before we have historical records is open to speculation. Assuming it was all roses, hugs and gift-giving is pretty naive, though.
No one is assuming that. Also capitalism =/= market mechanics There are ways where you can apply market mechanics to generate price signal but not let capitalism run rampant.