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Every other system had more wealth destroying and catastrophic outcome for society. Not arguing for “unrestricted capitalism that is never tamed” - but with a
by looping__lui 4y ago
Every other system had more wealth destroying and catastrophic outcome for society.
Not arguing for “unrestricted capitalism that is never tamed” - but with a functioning social net and access to basic needs for almost everyone it’s probably pretty amazing.
You are also missing, that for most people this is probably great: less high income individuals competing for resources in the marriage, housing, etc market. They see their wages increased and their relative purchasing power in society lifted and are happy about this development.