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by 111111IIIIIII 1092 days ago
> At least its equitable (based on value of output), ofc there are legacy issues as well.

It's not. By definition, it's based on control of capital. That's why it's called capitalism. In other words, those aren't "legacy" issues; they are literally the system as designed.

1 comments

That is too simple, people can earn their own capital as well.

Since utopia is impossible, its a choice between:

>Capitalism, where people can typically pull off the american dream in their lifetime.

or

>Let politics determine how much material things you get

The latter seems especially scary if you are familiar with history

Your logic is just profoundly short sighted.

Capitalism follows a very simple algorithm. In a capitalist economy, capital always accumulates, with all exceptions being precisely that: exceptions. Are you defending the exceptions or the rules?

Realize there was a very long and quite recent time when capitalism was impossible. By your logic, we should reinstate the divine right of kings.