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yes, please. sign me up for all of the above. let's get a fairer, more dynamic economy that discouraging rent-seeking and encourages risk-taking and innovation.
by clairity 7y ago
yes, please. sign me up for all of the above. let's get a fairer, more dynamic economy that discouraging rent-seeking and encourages risk-taking and innovation. wealth concentration is a symptom of a broken, plutocratic system, not a capitalistic one.
- joking 7y agoI would love that, how rent seekers leech the system is not fair.
- einpoklum 7y agoConcentration of wealth characterizes all Capitalist economies - limited concentration as a pre-condition, and an increasing degree of concentration as an ongoing phenomenon and consequence.
- clairity 7y agoyes, i should have been more specific that i meant the excess levels of concentration we see in many so-called capitalistic economies. edit: should also note that capitalism expects wealth concentration, but it's not a pre-condition.