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Not an 18th century French style revolution but similar results I can easily imagine. What you'll end up with is a state which becomes more and more Socialist.
by nemo44x 11y ago
Not an 18th century French style revolution but similar results I can easily imagine. What you'll end up with is a state which becomes more and more Socialist. This is a prediction Marx made about Capitalism. It will eventually result in many more have-nots than haves and the have-nots will either through violent revolution or political policy enact Socialism.
It is not an outcome we want but it is up to the capital class to ensure this doesn't happen by regulating themselves well enough so everyone feels they are getting a fair piece of the pie.
My point is, there is a balance somewhere between chaotic growth at any cost with its wealth generation and ensuring people can participate fairly and share the results and have equity in the future.