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Nothing you are referring to is limited to America or capitalism. Even with incarnations of economic systems that are purported to solve inequality, who your da
by fixxer 11y ago
Nothing you are referring to is limited to America or capitalism. Even with incarnations of economic systems that are purported to solve inequality, who your daddy is matters. Take away wealth and humans will find some other system for status.
The argument for capitalism is not about equality, but relative mobility compared to other systems. That mobility creates incentive and thus growth.
- intopieces 11y ago>Nothing you are referring to is limited to America or capitalism. Fair enough. Let's call it all equal then. >The argument for capitalism is not about equality, but relative mobility compared to other systems. The argument for socialism (or socialism-like endeavors) is about equality; when societies are more equal, 'relative mobility' is less important, because the place you're in is less likely to be so horrible that you're dying to get out of it.
- fixxer 11y agoYou missed "In theory" at the beginning of your second response.