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If existing capital starts to generate excessive profits, more capital will be built, which will require human labor and will make the original capital less val
by RivieraKid 7mo ago
If existing capital starts to generate excessive profits, more capital will be built, which will require human labor and will make the original capital less valuable.
- lbreakjai 7mo agoIn theory. In practice, the excessive capital of the incumbent allows them to price out or buy the budding competition, or the legislators, so as to protect their position. The natural state of a capitalist system is the monopoly.
- YCpedohaven 7mo ago[dead]