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by Gud
357 days ago
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I’m also sceptical of this claim. It seems to me that the capitalist economics mostly end up in capitalisms favor because it simply ignores a lot of variables. 1) Capital is allocated according to the wishes of the capital owner, generally to gain more capital and buy luxury goods. My question then is what does the people who have no capital get out of this system! They are of course free to sell their labour, which is different part of the equation all together. You may trade the few chips you have made from selling your labor for capital, but the chips you will receive will be of extremely low values, compared to the vast fortunes accumulated by wealthy families over generations. Often these capital owners are descendants from feudal lords and others who gained their capital via dubious means. |
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