They are a supporter of capitalism but in the terminology of socialist critique they are not a capitalist, as in a member of the capitalist class who owns the capital and therefore does not need to use their labor to earn money. This is in contrast to the proletariat or worker class who must use their labor to earn a living.
Many people in the world are impoverished, but what causes that? Was that caused by the lack of capitalism there? I assure you most people in poverty in the world are living under a capitalist system.
One factor in the impoverishment of the global South is due to people manipulating markets because of their ownership of the means of production. They are able to shift manufacturing to where they can get the most profit, while governments benefit from their business at the detriment of their citizens who are pushed into poverty by the corporations and governments who reduce regulations to benefit the capitalist class.
They are a supporter of capitalism but in the terminology of socialist critique they are not a capitalist, as in a member of the capitalist class who owns the capital and therefore does not need to use their labor to earn money. This is in contrast to the proletariat or worker class who must use their labor to earn a living.
Many people in the world are impoverished, but what causes that? Was that caused by the lack of capitalism there? I assure you most people in poverty in the world are living under a capitalist system.
One factor in the impoverishment of the global South is due to people manipulating markets because of their ownership of the means of production. They are able to shift manufacturing to where they can get the most profit, while governments benefit from their business at the detriment of their citizens who are pushed into poverty by the corporations and governments who reduce regulations to benefit the capitalist class.
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