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by jwarden
133 days ago
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Capitalism just means private citizens can own the means of
production (e.g. start a business, buy stock) and earn a return on investment. It doesn’t mean only the rich must get richer. It means anyone who saves and invests their money instead of spending it gets richer. However capitalism is perfectly compatible with a progressives taxation system such that the rich get richer at a lesser rate than the poor get richer. |
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You realise that a large swathe of society earn less than their costs?
Everyone will get richer perpetually, there will never be any impact on climate, we'll never suffer water shortages, we'll all ride unicorns and eat rainbows...