Sovereign Praxis: Difference between revisions

     <span style="position:relative;top:5px;"> A:</span><span style="position:relative;top:5px;color:lime;"> Good question. Without qualification and in the domain of concepts, by 'small c' capitalism I mean a transformation that occurs in human industry where the production becomes for exchange value primarily and only secondarily for the good produced. As a social phenomenon a qualifying term is required, e.g. Early Capitalism, State capitalism, Philosophical capitalism (e.g. Anarcho-, Objectivism, ...), etc. In ordinary discourse in most countries, Rentier Capitalism (RC) in sole or shared command (typical,y with a clerisy or bourgeois representative system) of the economic heights is implicitly what is referred to, the current reigning form outside China. I don't in general say RC or the whole noun phrase, unless to make a distinction clear, it can be assumed. RC is the distinctive form based on wage labour, the joint stock firm, and the state and other institutions that serve it as a class conspiracy usurping social production for its private gain.<br>