Capitalism is literal extortion. It's the exploitation of the cost of producing redundancy, which lacks reasonable justification. Producing redundancy is what they menace workers with in order to receive ransoms.

For example, a landlord purchases a home to transform into a rental property. He asks consumers to pay him a ransom to be able to access the captured property. If they refuse, they have to produce a second house to fulfill the same amount of demand. Producing two houses to only be able to use one is twice the cost, a way higher price than the price of the ransom. So the ransom get paid to avoid producing redundancy. It's extortion.

[–] Melonius@hexbear.net 7 points 1 year ago (1 children)

This is a really simple way of explaining it. Any reading you recommend that talks about this in more detail?

[–] Microtom@hexbear.net 4 points 1 year ago (1 children)

I recommend you read your country 's criminal code, particularly the extortion article.

[–] Melonius@hexbear.net 4 points 1 year ago

Says here I need to arrest my landlord sicko-wholesome

[–] RyanGosling@hexbear.net 4 points 1 year ago

And the best part is that the original capitalists despised landlords.