The Importance of Trade Secrets in Capitalism

Before 1870, most people lived somewhere close to the poverty line. And if you did want to be rich, the only way to do it was to run an extraction and exploitation machine. You then become a very soft target in a world in which your property rights are very entangled with jurisdiction. So when Marx writes in mid-1800s, that capitalism is an extraction and exploited machine,. It would just say that he's kind of right about the capitalism of the time.