capitalism was kind of never democratic i think, considering so much is basically dictated by the people who “own” it,
which feels more like a dictatorship/ feudalism
Oh for sure. There’s however a higher degree of democracy than feudalism, mostly stemming one way or another from the newly developed labour power under capitalism. Power that labour has slowly ceded over the last 50-70 years or so, but it can still regain when pressed. The system still contains this vulnerability (from the point of view of the capitalist) and it seems impossible to eradicate.
capitalism was kind of never democratic i think, considering so much is basically dictated by the people who “own” it, which feels more like a dictatorship/ feudalism
Oh for sure. There’s however a higher degree of democracy than feudalism, mostly stemming one way or another from the newly developed labour power under capitalism. Power that labour has slowly ceded over the last 50-70 years or so, but it can still regain when pressed. The system still contains this vulnerability (from the point of view of the capitalist) and it seems impossible to eradicate.