…what does capitalism really
mean in an everyday sense?
Really, capitalism means the combination
of private property and wage labor.
For example: private property may be a factory, and I can hire
people to work in my factory but I have to pay them a wage. This sets in
motion a productive relation, which means someone agrees to work
and to surrender what they make in exchange for a wage. An example:
say I have a beer factory, if you worked at my beer factory and then took
home so many cases of beer you would be charged with theft–instead you
only get to take home a paycheck. A worker maybe makes $10 / hour but
makes enough beer in that hour worth $50, then $40 of it goes to the
capitalist who is the owner of the factory. This $40 is surplus value,
or profit, and this is the goal of
Well, capitalism leads to supercorporations.