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Um, no. This could only work out if there was no capital accumulation, which is pretty much a prerequisite for a civilization. And even in hunter-gatherer soci

• badpun 3y ago
  What capital accumulation has to do with it? People with enough capital obviously don't have to work anymore, so they're out of the working pool, and don't have an impact on the level of competition. There are intermediate states, like someone drawing a pension from his capital, but still working part-time for extra income, but there aren't enough of them to disrupt the fundamental dynamics.