Hacker News new | ask | show | jobs
by hospitalJail 1090 days ago
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

1 comments

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.