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Wealth destroyed this way just disappears, it's gone. As we saw after the communist revolutions in Russia and China, which led to decades of extreme poverty and
by logicchains 2y ago
Wealth destroyed this way just disappears, it's gone. As we saw after the communist revolutions in Russia and China, which led to decades of extreme poverty and tens of millions of people starving to death. There's not a single case in history where the state mass appropriating assets from the rich improved the people's standard of living; the only people whose standard of living improved was the cadres who now controlled all the nation's wealth.