• smiling_big_baby_boy@midwest.social
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    10 months ago

    Personal property and private property are important distinctions. Personal property is established and maintained autonomously through social connections, while private property is maintained thru coercive systems and institutions (an invention from capitalism).

    The threat of starvation and coercive violence are the main factors incentivizing people to work under capitalism.

    For more - read ANARCHY WORKS by Peter Gelderloos. Chapter: Economy, “Without wages, what is the incentive to work?” (pg. 61)

    https://anarchy.works/primer.html#toc22