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by tynpeddler
1460 days ago
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Really excellent point. Transitioning to a capitalist system is extremely difficult because other economic and political systems almost always have much more extreme imbalances in the distribution of money and power (especially if the situation is bad enough to warrant a large change) and introducing a capitalist system lets those folks simply perpetuate uneven wealth/power distributions and in many cases make things worse. The US got around this problem by having huge amounts of land to give away in the west (after conquering it from the Indians of course), and I think Britain kind of got around this problem by creating a system that let their productive merchant class amass large amounts of wealth and partially displace the inefficient aristocracy. France had a rough go of it and had to have multiple revolutions to clear out their nobles and Germany had to lose a few world wars to level things out a bit. |
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