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Some of the things attributed to capitalism have nearly nothing to do with capitalism itself. I'm starting, for one, to think that there's probably less concen
by ArkyBeagle 10y ago
Some of the things attributed to capitalism have nearly nothing to do with capitalism itself. I'm starting, for one, to think that there's probably less concentration of wealth and power than we think. Bill Gates is a heck of lot wealthier than was JP Morgan, but Morgan had a lot more concentrated power and wealth than Gates.
Not to quibble, I just think our analysis is deeply flawed.