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> I don't see any appreciation of the costs: increasing inequality, environmental damage, immiseration of people in developing countries. How is capitalism inc
by goatlover 4y ago
> I don't see any appreciation of the costs: increasing inequality, environmental damage, immiseration of people in developing countries.
How is capitalism increasing inequality over what came before? There is more environmental damage now because there are a lot more of us with a lot more powerful technologies. But humans have always altered their environments to make them more suitable. One could argue that we (and our hominid cousins) became an invasive species once we started migrating out of Africa.
And if the developing countries are developing, it sounds like the people are becoming less immeserated over time.