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"making money by having stuff" is the basic move of capitalism. The stuff you have is called capital, and our economic system is at its core the "ism" of "havin
by q845712 4y ago
"making money by having stuff" is the basic move of capitalism. The stuff you have is called capital, and our economic system is at its core the "ism" of "having stuff".
I'm not disagreeing with you re. what I'd rather see us move towards, but there's a whole lot of existing money and power entrenched in the idea that having money is a great way to continue having money.
- clairity 4y agosure, but in the long arc of history, we're past the peak of capitalism, groping for the next iteration to move us forward. to overcome the ossification you describe, it's time to take our positive learnings (assets are ok, wealth concentration not so much) and apply it to a new -ism. the current beneficiaries can come along, stay behind, or we can fight over it, just as in the past. that does mean that this progress likely happens in a different part of the world than "the west".