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Sorry, to answer your question, capitalism breeds inequality because private ownership is a hierarchy. There are those who own, and there are those are require
by LesZedCB 11y ago
Sorry, to answer your question, capitalism breeds inequality because private ownership is a hierarchy.
There are those who own, and there are those are required to pay the owner for use of their property. People who own amass capital at an ever increasing rate thanks to exponential growth. People who pay the capitalists for things like food and housing never amass much money at all, certainly nowhere near the order of magnitude that the capitalists do.
Private property allows people to profit from the surplus of workers labor without having to work themselves. It's Marxism 101.
- oldmanjay 11y agowhat I don't understand is how I'm supposed to be satisfied with false equality where the vast majority of power and wealth get concentrated into a few controlling hands as opposed to the situation that exists in capitalism now, with that power and wealth spread out more vastly than at any point in human existence.
- LesZedCB 11y agoThat isn't true.[1] Honestly, I see absolutely no basis with which you could possible make that claim. [1] http://www.oxfam.org.uk/media-centre/press-releases/2016/01/62-people-own-same-as-half-world-says-oxfam-inequality-report-davos-world-economic-forum http://www.oxfam.org.uk/media-centre/press-releases/2016/01/...
- cname 11y ago> what I don't understand is how I'm supposed to be satisfied with false equality where the vast majority of power and wealth get concentrated into a few controlling hands You're not describing communism, so I guess that's a straw man. You're not supposed to be satisfied with that situation, and that's what communism, idealistically, tries to address. Whether it's effective in the real world is certainly debatable, but we can't have that debate if you change the definition of communism to essentially mean authoritarianism.