Well let's put it this way. Is supply and demand a useful concept? How about the marginal revolution? Baby steps.
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You seem to be arguing against a position I don't hold.
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Let's state it clearly then. What is the implication of your statement about 'capitalism' ?
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That property is a granting of authority. A series of rights and privileges and not a possession. This has no effect on almost all...
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...economic theory. The ramifications are political and social. It instrumentalises economics to state craft.
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No effect? Well then what's all this cribbing about? Kautilya, the advisor to the Mauryan Emperor Chandragupta already knew this 2k yrs ago
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Everyone knew this before the advent of Whigs and the 16th C property/sovereignty clusterfuck.
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So what DO we need to throw out, is the question.
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Moldbug wrote extensively on all this.
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