• TokenBoomer@lemmy.world
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    5 months ago

    It can be. Capitalism as an economic system is efficient at raising industrial standards. Capitalism, as a tool for industrialization isn’t bad.

    The problem with capitalism is that it strains social relations within the system by producing inequality of wealth distribution.

    Technology-driven changes in production make new social forms possible, such that old social forms and classes become outmoded and displaced by new ones. Once, the dominant class were the land owning lords. But the new industrial system produced a new dominant class: the capitalists. source

    Capitalism isn’t evil, it’s a tool. But the social relations capitalism creates is oppressive, and will be dismantled.