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Concentration of wealth characterizes all Capitalist economies - limited concentration as a pre-condition, and an increasing degree of concentration as an ongoi
by einpoklum 7y ago
Concentration 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.