this post was submitted on 06 Jan 2025
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That has been gone over by Marx over 150 years ago. I'm not going to go over everything Marx said about capitalism, he wrote an entire book called Das Kapital about it. Here's a summary that does a pretty good job at getting Marx's ideas across. You can skip the first 2-3 chapters as the main criticism of capitalism starts around chapter 4. But some things refer back to the previous chapters so you might want to watch them if some parts of Marx's ideas aren't very clear.
As for you points, I'll do a short summary:
The things you've brought up aren't necessarily the basis of capitalism. They're the basis of capitalism only if you want them to be the basis of capitalism.