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You fail to see how parasitic modern US capitalism has become. US capitalism has been extremely productive but the gains in productivity have disproportionally
by game_the0ry 3y ago
You fail to see how parasitic modern US capitalism has become.
US capitalism has been extremely productive but the gains in productivity have disproportionally distributed to shareholders, and employees got the short end of the stick. [1]
And this isn't capitalism problem btw. This is a corporate culture problem.
[1] https://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/
- LatteLazy 3y agoI don't fail to see that, I just think it's an entirely different problem, with a solution unrelated to this issue. I agree about the current corpocracy. If people want a nonparasitic system, they need to implement a tax system that supports that. Permitting or banning or any other restriction on private equity won't solve inequality. Redistribution of capital, education and healthcare, proper infrastructure and more opportunity in general will.