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Ultimately this kind of mechanism is what creates a society of hereditary classes. This is not something to be celebrated - the one good thing about capitalism
by senorcrab 2mo ago
Ultimately this kind of mechanism is what creates a society of hereditary classes.
This is not something to be celebrated - the one good thing about capitalism and open competition generally is that you can challenge this.
- mrhottakes 2mo ago[flagged]
- bit-anarchist 2mo agoComparing with the alternatives, capitalism did already enable open competition and undermined nepotism. Also, "more money = better than" is not a capitalist thing. It's just the nature of money being a physical replacement for social credits.
- defrost 2mo agoand US cronyism, did that enable competition and undermine Don Jr ? You write as if there is only one smoothly homogeneous "Capitalism" and that it's actually practiced.
- bit-anarchist 2mo ago> You write as if there is only one smoothly homogeneous "Capitalism" and that it's actually practiced. You'd be mistaken, as that better describes OP. All I mentioned is that the push for open competition began in capitalism (or, more appropriately, liberal capitalism) undermining the prior more nepotism-based system of dominance. Of course, there are more intricacies but, given that OP's comment was shallow, I didn't feel the need of going deep into the many forms of what people may call "capitalism". We can get into it if you'd like.
- QuercusMax 2mo agoPrivate education for the wealthy is a cancer on society - having even rich kids go to the same schools as everyone else is an equalizing effect. I don't see how capitalism help this at all, in fact it seems to make it much worse.