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by cHalgan
5391 days ago
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I actually believe that lack of democratic institutions and lack of regulations is enabling rich (either rich by inheritance or self made) to become more rich. I'm not sure how large corporation has influence to this because at least, in Eastern Europe, raise of inequality (tycoons and such) goes hand in hand with lack of democratic institutions (sometime outright corruption but in many cases everything is "legal") and lack of regulations. Unfortunately, regardless of reason of increasing inequality, history showed us that inequality is often fixed by events which are not part of capitalism teaching (revolution, war, crazy people end up leading the country). |
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