# capitalism Capitalism is a mode of production that emerged first in England sometime between the 1300s and the 1600s. Today it forms the dominant mode of production globally. Capitalism is a unique historical formation, having never appeared anywhere in human society before the modern era. ## What makes capitalism unique? Capitalism is characterized by two unique features: [[the accumulation of capital]], and [[wage labor]]. In addition, capitalism displays many other unique characteristics which follow from its logic: [[capitalism is totalizing]], the logic of the market is supreme, [[capitalism requires poverty and emiseration to exist]]. ## What is life like under capitalism? ## What came before capitalism? ## Where did capitalism come from? ## What comes after capitalism?