Created on October 24, 2023

Difference and division are core-components of capitalist thriving

LINKS: Henry, M. S. (2023). Chapter 2: Freedom Dreams for Flint: Imagining a Just Transition beyond Racial Capitalism. In Hydronarratives: Water, environmental justice, and a just transition.

Introduction to capitalism

“Capitalism is an economic system in which employers, using privately owned capital, hire wage labor to produce commodities for the purpose of making a profit” (Andersson & Eriksson 2010, p.125). Capitalist businesses often rely on the governing structures of workplace dictatorship, in which the owner of the company or business has the right to tell the worker what to do (Wright 2019). This structure in itself creates a power divide and social division. These power structures pertrude throughout the globalized economy.

More in-depth info you can find in the section 🔮 OVERVIEW-CAPITALISM.


#quote #capitalism #oppression #just-transition #racial-capitalism #black-marxism ____ REFERENCES

Andersson, J. O., & Eriksson, R. (2010). Chapter 9 “Growth and Degrowth - Is Another Economy Possible? In Elements of Ecological Economics (1st ed., p. 176). Taylor & Francis.

Henry, M. S. (2023). Chapter 2: Freedom Dreams for Flint: Imagining a Just Transition beyond Racial Capitalism. In Hydronarratives: Water, environmental justice, and a just transition.

Wright, E. O. (2019). How to Be an Anticapitalist in the Twenty-First Century (p. 176). Verso.


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