5 ms·
The problem isn't capitalism, well it's not JUST capitalism. If you give any group of individuals that level of wealth control, the same pattern repeats. They c
by automatic6131 2mo ago
The problem isn't capitalism, well it's not JUST capitalism. If you give any group of individuals that level of wealth control, the same pattern repeats. They can be shareholders, board directors, or commissars or general secretaries of the people's party, a prince or a duke, or the first citizen.
It doesn't matter, all you need to replicate the same problems is concentration of wealth and power and the ability to direct it.
- vrganj 2mo agoIndeed. It's just that capitalism produces immense concentrations of wealth as a core feature of the system.
- automatic6131 2mo agoSure, so did the Roman Republic and Pharonic Egypt and Imperial China and Communist China So you're going to need a more accurate diagnosis than simply capitalism
- vrganj 2mo agoI have to tighten your earlier point a bit first: it is not just absolute concentration of wealth that causes this, it is high levels of inequality, e.g. lots of people in misery with a few folks that have ridiculous riches. I'm pretty sure the commoners (and even more so, the slaves!) in Rome, Egypt or Imperial China didn't love the system either. However, I think the average modern-day, communist Chinese person has seen such a rise in standards of living (one billion people pulled out from poverty!) that they don't really hate the system despite there also being high wealth concentration amongst party and business elites. The gap is the problem, not the peak.
- dsego 2mo agoDo you have any social accounts? By the username I'm guessing we're from the same country or region.