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> Even if they aren't a corporation in name, capitalism naturally concentrates power with the richest groups of people. Sure, but you've gotta concentrate it s
by darawk 8y ago
> Even if they aren't a corporation in name, capitalism naturally concentrates power with the richest groups of people.
Sure, but you've gotta concentrate it somewhere. Concentrating it entirely in bureaucrats hasn't worked out very well.
> Without some external factor draining wealth from the wealthiest they will eventually soak up the entire monetary system and crash it
Hmm? What?
> Capitalism is a positive feedback loop, like an open mic next to an amplified speaker, and we're pushing the mic closer and closer each year.
That's an interesting metaphor, but is it true? We've had capitalism for quite a while. When does the implosion start?