Your not talking about how it works. You're talking about how it socially presents itself.
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Replying to @Outsideness @adornofthagn and
I'm referring to how it works within certain societally constructed parameters, yes. I wouldn't call that a mere presentation.
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Replying to @mfckr_ @adornofthagn and
Point is, "ownership" is shorthand for usage rights, and usage is concretely inseparable from technological capability.
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Replying to @Outsideness @adornofthagn and
It's concretely inseparable from ability to enforce ownership claims. Technology is a secondary consideration to that.
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Replying to @mfckr_ @adornofthagn and
You're being too legalistic. The execution of ownership is usage. The rest is just consensual hallucination.
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Replying to @Outsideness @adornofthagn and
We've already been over the intersubjective nature of this. And it's demonstrable that 'consensual hallucinations' have consequences.
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Replying to @mfckr_ @adornofthagn and
Sure. But they're rarely exhaustive. Capital is not merely property, it's also machinery, and legal categories don't help you there.
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Replying to @Outsideness @adornofthagn and
… machinery whose production ends will be dictated by the whims of whoever owns it. Again, you're handwaving.
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Replying to @mfckr_ @adornofthagn and
"Whims" -- not really. This is why your position gets lost. ...
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Replying to @Outsideness @adornofthagn and
Whims, informed speculations, ratiocinative judgments, etc. Market decisions are made in many different manners.
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Systematic selection pushes them in a coherent direction, and that vector is what most realistically defines the process.
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Replying to @Outsideness @adornofthagn and
Sure, there can be a convergence of many different capital-holding agents acting similarly in response to prevailing conditions.
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